The S&P 500 ended its six-week losing streak by a very, very slim margin. While this does not inspire any confidence in the rebound we did see a handful of our candidates post gains for the week. The intermediate trend for stocks is still lower and investors need to stay on the defensive.
Our DIS play has been stopped out. Our MON trade looks like it could be in jeopardy.
No new stop losses tonight.
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.