Current Portfolio


Portfolio Comments:

Last week looks a lot like the week before. The small cap Russell 2000 index and the Dow Jones Transportation index continue to hit new all-time highs. The S&P 500 index extended its gains to seven weeks in a row. Yet bullish momentum in equities is fading fast. Leadership is also narrowing. The VIX is trading near multi-year lows. Stocks are overbought and due for a correction.

Readers will want to double check their stop loss placement and make adjustments based on your personal risk tolerance.

KO and SLB graduated from the watch list to active trade list.

I have updated stop losses on: GE, MSI, and MTW.

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.