Some of the material names are doing a lot better. WLT and CLF have rallied. A few of our candidates have started to show some short-term strength. Yet overall the trend is still down. Investors need to stay defensive. Keep your positions small.
There are new stop losses for BWA, CLF, IMN, MCK, MICC, TIE, and WLT.
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.