Wednesday, February 3, 2016

Feb 3 - Sell signal invalidated by late ramp

We needed a red close to confirm the sell signal on the daily but the powerful ramp up has put it on hold.  Unless we see a down day tomorrow, the signal will be invalidated and we might be looking at more chop going forward.

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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...