Window dressing could lift stocks through Tuesday but after the quarter ends volume will probably vanish as investors focus on their 4th of July holiday plans. Overall stocks are churning sideways as the market waits for second quarter earnings.
Currently we have eight stocks on our watch list.
BEAV - BE Aerospace Inc., trigger: $10.25
CELG - Celgene Corp., trigger: 43.00
DBA - DB commodity index ETF, trigger: $20.50
DO - Diamond Offshore, trigger: $67.75
MICC - Millicom Cellular, trigger: $50.50
PEP - PEPSICO Inc., trigger: $57.01
RIG - Transocean, trigger: $66.00
VOD - Vodafone Group, trigger: 20.75 or 18.25
Disclaimer: At any given time the author may have positions in any or all of any companies mentioned in the Leaps Newsletter.
--Position Summary Table--
Table lists Directional CALL or PUT/LEAPS only.
Insurance puts, if applicable, are not shown.
Red symbol/name represents a dropped play this week.
Jim's portfolio and updates has been included in the normal play updates section.