Wednesday, May 20, 2015

May 20 - More consolidation, more upside ahead?

After attempting two quick shorts in the past few days, I flipped long this morning.  What was very bullish is that the previously reliable 60 min sell signals have failed 2 times in a row.  It could mark a trend change.  Looks like more consolidation for another move up.

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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...