Monday, November 17, 2014

Nov 17 - More consolidation and HYG may bounce

Early weakness and defensive sectors leading along with DIA/ SPY while the risk indexes QQQ IWM lag.  HYG may bounce here and will be interesting to see if HYG makes a lower high and SPY makes a higher high to set up negative divergence.



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Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

I have been stopped out twice in last few weeks trying to short GLD.  I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...