Special Interim Update: New Trading Signals

 

(1) WFC has fallen far enough already today to trigger its Sell Signal no matter where it closes.Therefore we are buying the WFC April (18th)  $47.50 puts for the Standard Service portfolio. Current quote is 1.45. 

(2) AMD is trading right at its trigger level and may also be confirmed well before the close. More later on AMD. 

(3) Further weakness today may also trigger Repeat Sell Signals on SPY, IWM and QQQ. 

More later with an early Daily Update posted to the site.