Thursday, January 21, 2016

Jan 21 - Trimmed longs, market looks a bit unclear

SPY just got rejected by the 30 min trendline.  I could be overreacting here but going to protect gains until I see more robust buying power.

USO looks interesting and if it stays strong, it will help the underlying market.



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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...