The U.S. market's bullish trend could be in serious jeopardy. This past week saw the S&P 500 index breakdown from a neutral triangle-shaped consolidation. Plus the NASDAQ composite broke down under significant support near the 2600 level. There is still a chance that the S&P 500 bounces from the 1200 level but a breakdown under 1200 would be very ominous.
This past week was added CSX as a new trade. INTC and RAI made the jump from our watch list to active trade.
I have updated the stop loss on AGN.
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.