Editors Note:

The S&P gave back all the gains from Wednesday and the second half of February is rapidly approaching. I have been warning for a couple weeks that the second half of February was the weakest part of the month. When the S&P barely closed over resistance on Wednesday, I warned we should not add new positions because the market was acting weak ahead of expiration. Futures are down -10 tonight. We appear to be on track for a post expiration decline.



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


No Changes


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