The stock market's big oversold bounce off its June lows appears to be reversing. This could be a new lower high for the market's major indices. With a global slowdown on the way the outlook for equities could be stormy.
ADM and LTD were stopped out this past week.
We added FDO, MRK, and TJX from the watch list.
I have updated stop losses on: EBAY.
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.