Friday, May 8, 2015

May 7 - Potential bullish follow through

I remain long SPY and VXO printed a black fail candle two days in a row north of BB.  This is very promising and a set up that doesn't
appear often.  Todays intraday move wasn't impressive but it might wake up tomorrow.

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Jun 12 - Sold $GOOG, $AMZN, $MARK, $IGT calls expiring this week, added July $GPS, $AAPL puts and $GLD calls

Lightening up today and yesterday a lot and have some of the holdings as puts. $FDX getting closer to retesting highs. $SPY close to 2...