The string of post election gain has broken and the overbought conditions have eased.
We did see several stops last week as the Nasdaq crash took its toll. They were painful but unavoidable. Profit taking does appear regularly.
Current Position Changes
GE - General Electric
The long call position was opened on Monday.
NBIX - Neurocrine Bio
The long call position was stopped at $46.85.
SWKS - Skyworks Solutions
The long call position was stopped at $71.85.
UA - Under Armour
The long call position was stopped at $29.85.
XOM - Exxon Mobil
Close the position at the open on Monday.
Stop Loss Updates
Check the portfolio graphic for any new stop losses in bright yellow. We need to always be prepared for an unexpected decline. Any lines in gray were previously closed.