The futures imploded overnight and the Dow gapped -100 lower at the open. The rebound was instant despite the bad news for Biogen. The company halted a trial on an Alzheimer drug and the stock fell -$93. That erased 17 points off the Nasdaq but even that index rebounded sharply. The negativity from last night was completely erased with the Dow gaining 217 and the Nasdaq 109. That is further confirmation not to depend on the futures for market direction the next day.
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
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