Tuesday, February 9, 2016

Feb 9 - More churn/ potential GDX short

Looking for a bounce tomorrow and will be interesting to see how the Fed affects the market.

HYG overshot again will usually brings a bounce but oscillators still not maxed out although getting there
 Another reversal candle on lower volume.  Went long at close small QQQ.  I could easily imagine a bounce tomorrow then resumption of selling.  We'll see.
 VIX printing black reversal candle but oscillators have a way to go.
 Entered DUST.  Selling volume in GDX was strong.  If equities go down again this will probably reverse so keeping position light for now.

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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...