Thursday, January 19, 2017

Jan 19 - Re-added BABA, BIDU

Looking for the next leg up in BABA, BIDU.  I'm very bullish on these two
Added JWN way too early yesterday and seeing a lot of red on that position.  Also added TWLO earlier this week and only looking for a quick pop
Also have old Mar VXX puts and CMG, REGN as long term positions

Looking for 106 here in BABA

Looking for 195 in BIDU

Monday, January 9, 2017

Jan 9 - Sold 2/3 China, still holding XBI, NTNX, VXX puts, and long term position of CMG

Decided to play it safe and pull some really nice profits off the table.  I had an array of Feb/ Mar calls on China stocks and made an average of 100% on them.  My targets haven't been reached but seems so overbought on a short term frame I'm thinking at least 50% chance we pull back or chop here then back up.  If we get a sharp dip, I will be an aggressive buyer.

SPY looks like it's gonna dip or chop w negative divergence.  I don't have much interest here.

VIX at bottom of range

XBI made a great move.  Let's see if things continue

BABA not at the target but the 2 hr frame looks really cooked
 If we pull back in BABA to yellow zone, I will buy buy buy

BIDU if it hits the zone, more buying by me
 CTRP which I have a small position which has been untouched.  The chart of the 4 I had looks the best.
 CTRP still a bit aways from the target
 SOHU also very overbought but could go much higher this leg but I'm looking for a pullback
 Close to target but not quite there.  I'm betting that it needs a pullback to launch higher after the 3rd consecutive close north of the upper BB

Jan 9 - long NTNX still holding china + biotech

Added Feb 17 30 NTNX calls @ 1.6.  A bit late but we'll see.  Still holding a lot of China and some biotech via XBI

Saturday, January 7, 2017

Jan 7 - 2016's trade of the year still crushing it for 50%+

My 2016 trade idea of the year is still crushing it.  I think sometime around Trump's inauguration/ next 1-2 weeks will be the time to pull some of it off the table.

The original post is here.  I bought a big batch of Mar VXX 55 puts @ 21.75 on Nov 4

Now those same puts @33 for over 50% gain

Wednesday, January 4, 2017

Jan 4 - Potential breakout in China names and biotech

Long w BIDU, BABA, CTRP, SOHU, and XBI from late last week and longer term position of VXX JAn/ Mar puts.  So far so good.  This breakout might not stick for everything but it is promising so far.