Editors Note:

The Russell 2000 added nearly 25 points and 1.78% to lead the broader averages. With the diminished threat of future rate hikes investors are coming back to the small cap stocks. The Russell is leading again and never traded in negative territory unlike the Dow. If this trend continues the rest of the week, bullish sentiment will spike significantly. This could be the start of a major uptrend. However, the biggest rallies come in bear market declines because of the oversold extremes. I do not think that is the case this time and I expect the trend to continue higher.



Current Portfolio


Stop Loss Updates

Check the graphic below for any new stop losses in bright yellow. We need to always be prepared for an unexpected decline.


Profit Targets

Check the graphic below for any profit stops in green. We need to always be prepared for a profit exit at resistance.





Current Position Changes


INFN - Infinera
The long position was entered at the open.



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Full updates on all plays on Wednesday and Saturday. Only closed plays are updated on other days.


BULLISH Play Updates

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