Thursday, January 14, 2016

Jan 14 - Closed out longs

Today was a good day catching that ramp up but I am suspicious of VIX sticking around stubbornly.  Also 194-194.5 in SPY is major resistance.  Will be watching from the sidelines to see if we get follow through tomorrow which should happen but we also might get some froth also.  So not worth the headache for me.

Trailing stop hit around 192.5 in SPY

This is really strange.  Maybe it drops tomorrow and we do have a standard sell signal but looks very suspicious to me.

No comments:

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...