Friday, November 14, 2014

Nov 14 - GLD long

Very strong spike with good volume in GLD.  Will be interesting to see if this is just a short squeeze or buyers materialize behind this.  The weekly looks fairly promising now having printed two hammers in a row.  The general weakness in the indexes such as SPY/ QQQ is helping funnel off some action into precious metals.



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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...