Stocks continue to sink with the S&P 500 index down four out of the last six weeks and the NASDAQ down six weeks in a row. It would seem that equities may have finally hit oversold levels as traders bought the dip (or started to cover shorts) midday on Friday.
Odds are good the market could see a rebound during Thanksgiving week.
COF, JOY, PFE, and USB were stopped out this past week.
GE has graduated from the watch list to the play list.
No stop loss changes 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 play or option position exited or closed this week.