Bears have been unable to capitalize on any market weakness. If stocks are reacting this well to news and economic data then the rebound may not be over yet. The late few days are starting to look like a bull-flag consolidation pattern.
Looking at our portfolio there were several stocks that produced one-day bullish reversal signals with Thursday's intraday bounce. These signals need to see confirmation but it's worth noting they could be new entry points.
Please note that at the time of this update option quotes were not available for the last half of the newsletter. On the image below all candidates starting at MTW and lower do not have accurate, up to date option values.
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 dropped play this week.