Monday, January 19, 2015

Jan 19 - Bounce time?

VIX/ SPY could be due for a bounce this week.  How much is uncertain but selling pressure was not ramping up last week despite the down move.  However the increasing volatility does not bode well long term for the markets and a deeper correction may be around the corner.

Further arguments for a bounce here courtesy of Fat Pitch

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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...