After a choppy start the Nasdaq led the other indexes higher ahead of Google earnings. Weak economics weighed on the Dow, but tech stocks were still in rally mode after last week's earnings. Without Amazon dragging down the sector there were plenty of gains. Even the Russell 2000 continued higher above round number resistance at 1,500.
The Dow succeeded in moving above the 100, 200, 300-day resistance and is now on track for a test of 25,800.
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
PAYX - PayChex
The long 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