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.

No comments:

Feb 17 - Large short position now

Very bearish now and looking for a retest of lows in 2-3 weeks.  I have puts in SPY, AAPL, GOOS, and GLD.  Calls in RIG  every major dro...