Good Insurance
Insurance
(
$IUX.X |
Quote |
Chart |
News |
PowerRating) has pulled back and
stabilized after its recent breakout of a high level base. This action suggests
that its longer-term uptrend remains intact. Look for buying opportunities in
calls and call spreads here.
Internet
(
$DOT.X |
Quote |
Chart |
News |
PowerRating),
mentioned recently, still looks like it has the potential to resume its
downtrend. Continue to look for buying opportunities in puts
and put spreads here on signs of weakness.
Oil service
(
$OSX.X |
Quote |
Chart |
News |
PowerRating)
is setting up as a pullback from lows and looks poised to resume its downtrend.
Look for buying opportunities in puts and put spreads here.
The Semis
(
$SOX.X |
Quote |
Chart |
News |
PowerRating), mentioned recently,
continues to pull back into a big picture topping formation. Continue to watch for buying opportunities in puts and
put spreads here on a reversal back to the downside.
Best of
luck with your trading on Wednesday!
P.S. Reminder:
Protective stops on every trade!