Thursday, January 28, 2016

Jan 28 - More chop

Amazingly we are still in the consolidation zone in SPY and despite yesterday's sell off and today's gap fill there is still chance for a leg up.  The 2 hr sell signal is still awaiting confirmation so things look pretty muddles at this point and on a short term basis, wouldn't press any bet aggressively, long or short.

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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...