Into the Close

{+++}Some of you have daytraded LEAP from the short side and QCOM from the long side. We have cushions in both and some of you have asked me what I think. When in doubt, take some off, maybe a third or half.

I still love both patterns, the question is will we continue rally on Monday or give some back. The bulls have the mojo for now and it is their game to lose.

Longer term ( one to two weeks) LEAP could see the low 20’s and QCOM maybe 50 so use your own judgement.