Wednesday, October 28, 2015

Oct 28 - Stopped out of GLD, XIV and long USO

Looks like the market hasn't liked the Fed leaving the Dec hike on the table.  GLD is getting crushed and knifed through my stop very quickly and UUP is blasting off.  Looks like I could've left a little bit more on the table on the UUP calls.  As for equities, I remain neutral and not interested in making directional bets just yet.

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July 11 - GLD sucks

stopped out of GLD yesterday for -25%.  Holding off on reentry and maybe will enter if we drop another level. SPY on the other hand is crus...