Monday started off rough but ended with a decent gain. After trading on both sides of zero multiple times, the market finally found some traction on positive news out of China. After trading well over +200 intraday there was some afternoon selling but buyers appeared on the dip. Futures are positive +7 so maybe this trend will continue.
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
MRK - Merck
The long call position was entered at the open.
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 Current Puts