Stocks experienced a choppy week. The major indices alternated between big gains and losses but eventually closed at new relative highs for the week. Many felt Friday's move was mostly short covering on headlines out of Europe. Market direction next week will depend on the next round of headlines from the EU summit on Sunday and the meeting next Wednesday in Europe.
Our portfolio saw HSY and KBH move from the watch list to active trades. Meanwhile AGN and ROST have rallied to new record highs.
There are new stop losses for EMC and ROST.
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.