Thursday, May 7, 2015

May 7 - Oversold bounce

My SPY long is moving nicely after a strong oversold condition.  It does have some room to move up in the consolidation wedge so depending on how we close, I may let some run into tomorrow/ next week.  The 1 hr + 2 hr frames will be my guide on the exit.

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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...