Can We See Some Profit Taking, Please?

Editor's Note:

I don't know how many times I can say the same thing but stocks are overbought and we need to be patient. This is not a good point to be launching new longer-term investments like LEAPS options. The trend is up and will probably be up the rest of the year. We just have to pick our entry points and this isn't one of them.

I've added two new candidates to the watch list DISH and X.