Price patterns have generated Intermediate Term Sell Signals on AAPL, FB, MSFT and AMZN. These are 4 of the top 5 market capitalization stocks in the Nasdaq 100 (QQQ). (The one stock of the top 5 not on a Sell is TSLA.) Let's make this positioning easier: QQQ Puts. Sell Signal: QQQ (313.70) Option: Mar 19th $300P (9.50-9.60) We are going out to March because there could be one more 3-5 day rally before the market turns down in earnest. It's OK to wait, but breaking below $305 will surely test $300, which will fail. The Premium portfolio is buying QQQ puts now.
