Friday, March 4, 2016

Mar 4 - Out of longs

Decided to play it safe and exited SPY longs.  Once again getting a sell signal for CCI on hourly.  Won't go short though.  If we get another weak pullback I might hop on the long train again with a smaller position.

Lots of positive things in junk bonds and treasury yields going up but things look stretched.

No comments:

May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...