What happens if you can't exit a position on your brokerage platform?

Do you sit and wait it out, hoping for a quick resolution and an opportunity to exit at your price, or better?

Has that ever worked out for you?

I'm fairly certain that has nearly never worked out for me. If it has, it certainly didn't compensate me for all the times it hasn't. Not financially, and certainly not emotionally.

There's a certain panic that sets in when we lose the ability to take control when we need to. We can't control the markets, but we can control how we react to them. We can choose to take action when we need to.

Except when we can't.

Your broker has a glitch, the platform is down, and nobody will take your calls because their customer service lines are being bombarded by traders just like you who are stuck in positions, looking for a quick exit.

This is a pretty powerless feeling.

As an owner of a gas-guzzling SUV, I don't like the prospect of higher oil prices. 

Nobody enjoys paying more at the pump. It's an unavoidable tax and if it gets too high, it can be a real drag on people's finances, and can even spill over into broader consumer spending.

And it certainly can be an inflationary signal for all things we spend money on.

That said, in a small way, I'm going to look to hedge myself against gas inflation by getting involved in a popular filling station operator that will ease my mind if I keep paying more to drive my car.

In today’s Daily Digest, we’ll review the following:

1. No new positions today.
2. Adjustment to XLE position.
3. No positions were exited since the last report.
4. Current status of open campaigns.
5. Volatility Snapshot.

Let’s dig in!