11:00am (EST)

We wanted to send out a reminder on a trade that has closed for our Weekly Wrap.  We set limit orders to exit Newpark Resources (NR, $7.87, down $0.08) at $8 which was reached yesterday.  Although our gains were a little light, we still made a profit so we can’t complain.

We could have one, possibly two NEW TRADES, for the Weekly Wrap over the next couple of days to replace this one and another one we are considering closing.  For 2012, our WEEKLY WRAP Track Record is now 27-0 and we were 16-0 in 2011.

Subscribers, check the Weekly Wrap Premium sector for the update and more comments.