We ended up legging into the protective structure in NKE, so we'll explain exactly what that term means.
Nearly all of the major instruments are showing well-defined trendlines at lower levels, suggesting this will happen in the coming weeks.
An active week for the portfolio and the market produced a list of stocks we are watching into earnings.
We will buy back the call to close the trade and not limit potential upside.
After a technical break, this is a good trade ahead of earnings.
We will close out Key and trim Goldman, but we'll add to Google and Coach.
We'll take this protection structure off for nearly the max gain this morning.
Bulls were denied buying power by a supply void, allowing gravity to take control of the ticker tape. It could get even worse on Friday.
We're restricted in many holdings, but we'll be looking to buy.
We like adding protection in case weakness in high valuation/high growth stocks takes other sectors with it.