We are taking profits in VICR. The stock hit $13.49 on Friday and our target to exit was $13.50. Shares settled near $13 and I'm suggesting readers exit now. Coal stocks and energy stocks did not perform well. Coal issues were hit especially hard.
Overall I am still concerned that the market is overbought and way overdue for a correction but it may not happen until after month end.
Readers may want to wait on launching new positions.
There are a few new stop losses tonight.
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.