Big cap indices charge to new highs as bullish momentum continues. Yet the small caps have failed to breakout past recent resistance.
We are updating several stop losses tonight. Readers may want to consider taking profits early.
NOTE: We want to exit ADI, GE, UA, and the 2014 MRK calls soon. Please see details in the play updates section.
I have updated stop losses on AIG, BBBY, CL, DLTR, GE, SBUX, UA, and WMT.
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.