Editors Note:

The market is on a long streak of rebound gains, time for some profit taking. Nothing goes straight up or down so we may be nearing a pause in the rebound. As we approach a three week rally we should expect some minor profit taking. The last two days have been great with minor forays into negative territory to deflate some of the expectations but the eventual rebound just inflated those expectations again. As we near the weekend we could see a bout of real profit taking.

 

New positions are only added on Wednesday and Saturday except in special circumstances.


NEW DIRECTIONAL CALL PLAYS

No New Bullish Plays


NEW DIRECTIONAL PUT PLAYS

No New Bearish Plays