Editors Note:

The slow rise in the Russell over the last week came to an abrupt end. The index gains stalled on Monday and retreated -19 points on Tuesday. This puts is back below the resistance of the 200-day average and the 1,566 correction level. The index is still showing a positive trend with a higher high but a decline back below 1,550 would be bearish.

We did not see any material declines in the individual stocks but they were all negative. The 200 point drop in the Dow and 45 point decline in the Nasdaq soured market sentiment.



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


No Changes



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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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