SPY is showing solid volume in the morning so far and my TVIX short +10% is moving nicely. GDX has slipped a bit but still not at breakeven yet, -5%.
It remains to be seen whether this is blow off top or true buying pressure.
Volume is strong if you look in the yellow boxes vs previous days.
Miners still holding strong. Hopefully this thing starts slipping soon.
Still holding $RIG Mar2 and Mar16 calls which are up 100-200%. $shak settling nicely and I have plenty of time with Jun 45 calls
I am liking the set up for XLE a lot now and XBI I am hoping for some settling so I can board the train. Maybe within 1-2 weeks? Missed ...
Didn't make any changes Fri except close the GLD short as the miners + silver started showing strength and an oversold signal on the 2 h...