Tuesday, January 20, 2015

Jan 20 - Weak bounce

VXX issued a sell signal but not terribly strong.  After selling off the gap up, the market stage a comeback albeit a weaker one.  Still decent possibility of the bounce continuing but longs should exercise caution as we wait to see if this triple bottom like formation comes into play.

No comments:

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...