Market was up big this morning with big names like AMZN and EXPE reporting. The other big news story is the GDP which we have talked about in the webinar and in our updates. Blockbuster number of 4.1%.
Our bullish ideas all moved up nicely after being triggered. If you are in any of them, then you should consider rolling your options or reducing your risk by taking profits. AXP and VZ have done well. AXP trigger was 101.71 and traded as high as $104.24 today. VZ is doing well with our trigger at $51.51 and trading to a high today of $52.38. DIA, our market gauge was up early this morning but has since turned negative after then GDP announcement. it traded up to $255.68 today with a trigger of $252.64, so consider rolling if you are still in this one. DE had good action into yesterday with a high of $144.21 from the trigger point of $142 but has pulled back with the market coming off today.
If the market continues to look weak then there is nothing wrong with locking in profits.
Have a great weekend!
Wayne