The market is looking a little frothy here and it could be another sign stocks are nearing a short-term top. Our portfolio is seeing some changes. BWA hit our first target at $44.50. TBT, the inverse 2x ETF on the bond market, hit our stop loss. Meanwhile shares of APA made a brief appearance on the play list before getting stopped out.
We also had CLR and WLL graduate from the watch list to our play list and both look strong today.
BWA is the only play with a new stop loss.
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.