Tuesday, January 5, 2016

Jan 5 - Inflection point

Now that there wasn't much of a bounce today it is possible that tomorrow sees a strong move up or we continue moving down tomorrow.  We should know very soon which way equities will head.  Still holding small SSO

A plus for the bulls was the strong weakness relative to equities in $VIX, $VXO.



Possible, just possible that this is a small pullback before driving higher not unlike August.

Fairly tepid action and looks very vulnerable.
 Still hanging in there

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...