Sorry for not posting charts but I'm in a small pueblo near Macchu Picchu and unfortunately only have a weak internet connection. I am currently in a small position of NUGT short because of a large black reversal candle in gold. I will probably sell EOD tomorrow if things look right. after selling NUGT on a position taken two days ago.
The indexes made an impressive recovery and if we continue to consolidate we could be looking at all time highs this month. Thar said I am going to hold off on taking an index position until things settle more.
I am heavily long calls in $C, $BAC, $JPM for late Jun, July, Aug. Mad conviction here.
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...
Jumped back in on the open as it looks like we have a short term trend change. Annoyed it decided to leave without me but worth the chase a...