Last week most of the global stock markets trended lower. The U.S. markets fared better than their European counterparts. The NASDAQ actually closed up on the week. The Russell 2000's decline was less than 1/4 of a point.
Overall the trend is still up but commodity-related stocks were underperforming last week and some of the oil/energy stocks were hit hard. We had both CVX and RDC get stopped out.
Meanwhile SBUX hit our exit target at $55.00. Plus, TIVO made the jump from our watch list to our play list.
I have updated stop losses on: NTES and TEVA.
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.