DailyPlay Positions Outlook:
The S&P 500 (SPY) failed to follow through on its breakout Tuesday, leaving SPY at $303.21. Such a failure is considered bearish by many market technicians. Uncertainty about earnings guidance and international affairs probably helped stall the markets’ rally, at least for the day. The October 15 Daily Trade on Colgate-Palmolive (CL) has posted a small gain and seems to be stuck in a trading range. Therefore, it’s time to take profits.
DailyPlay Trades & Performance
New! Track the performance and history of our DailyPlay trades with our new spreadsheet!
Learn to Trade Options:
Tomorrow: LEAPS A Stock Replacement Trade – Thurs Oct 31st @ – 4:15 PM EST – Register Now