The S&P 500 index has rallied five days in a row and surged past resistance on a low-volume Thanksgiving week. Does the rally continue or do traders sell the rally as fiscal cliff fears resume?
Short-term the trend is up but stocks will likely see some profit taking after last week's big rebound.
NOK and VLO have graduated from the watch list to the play list.
MSI will be a new addition to the play list on Monday.
New stop losses for FDO, GE, SCCO, and V.
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.