Thursday, May 14, 2015

May 14 - Edging above resistance

SPY is very close to moving over its upper trendline.  If we make a strong close above it, a strong chance of more upside movement.  If not, we could fall back within consolidation for another spin.

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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...