Out of Oil and SPY

My USO position and my remaining SPY covered call positions were called this weekend, so I’m back to about 90% cash. ¬†Despite the scary stuff in the last couple of weeks, they ended up yielding their maximum profit potential. Oil looks expensive right now, so I wouldn’t be surprised to see a pull back there. ¬† The S&P 500 could certainly go higher with this …

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