The stock market managed to keep the rally alive and the S&P 500 and the NASDAQ composite marched to new two-year highs. The move was fueled by big gains in the financial sector. Gains in the rest of the market were mild. Some sectors are starting to look a little tired. Investors might want to consider an early exit in NVDA to lock in gains. Last week TASR hit our final exit target at $4.90.
New stop losses for HUM, GS, EMC, BRK.B, MSFT, and RIG.
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 play or option position exited or closed this week.