The Dow gapped open to 25,750 and then held there the rest of the day. The Nasdaq was again the anchor with a minor 4 point gain. The big cap tech stocks were better behaved but Facebook, Apple, Amazon, Intel and Microsoft all finished lower while the rest posted gains. Tuesday is likely to be a sideways to down day as worries grow about the Chinese trade meeting. However, if the Dow can move over resistance it could cause some short covering.
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.
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
ABBV - AbbVie
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
No Updates to Current Positions
BEARISH Play Updates
No Updates on Current Positions