The S&P closed right at resistance and only one point from a new high. This will be a critical week for market direction.
I reinstated all the stop losses in case the prior resistance high holds and this turns into a double top rather than a breakout.
Current Position Changes
RH - Restoration Hardware
The long call position was opened on Tuesday at $29.05.
X - U.S. Steel
The long call position was opened on Tuesday at $18.04.
Stop Loss Updates
Check the portfolio graphic for any new stop losses in bright yellow. We need to always be prepared for an unexpected decline. Any lines in gray were previously closed.