Tuesday, April 21, 2015

Apr 21 - Short set up

This is pretty good short set up right now for equities. Sitting short from open in SPY. Easy fold if we breach above previous highs which would allow a very tight stop above. QQQ looks good too with an exhaustion candle printed at top of range. Also a clear fold if trendline is breached.

VIX also printing reversal candle at low end of range.

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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...