Editors Note:

For the third consecutive day the market dropped at the open only to rebound back to resistance. The major indexes did not close positive and actually posted a decent loss of 86 points on the Dow and 65 points on the Nasdaq. The Dow came back from a -226 point drop so it was still a positive day for sentiment. The S&P futures are up +16 tonight so maybe the third day without a material decline was the charm for the bulls.



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


TGT - Target
The long call position was entered at the open.

QQQ - Nasdaq 100 ETF
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