Wednesday, August 5, 2015

Aug 5 - Reloading w SDS

A pretty decent short set up with a low volume black reversal candle on SPY + hollow reversal candle at low end of range in VIX.  One unwelcome wrinkle is that we are in the middle of the range on both the hourly and daily so unless this triggers quickly , it might be more trashing around.  But generally this spike up in the morning being sold off is fairly bearish.

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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...