Wednesday, April 15, 2015

Apr 15 - Potential breakout

SPY broke above its trendline but needs to close above previous highs to confirm.  Of interest is $NYA breaking through year long resistance.  If gains can hold through the close, this could be the start of another intermediate leg up.

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May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...