Tuesday, April 26, 2016

Apr 26 - Gap and crap

Not the follow through I would have liked being long.  Still holding but not improbably that we get another flush out.  Maybe in form of a gap down tomorrow.

Could be seen as bullish consolidation or a bearish failure to thrust up out of  the wedge

More consolidation is possible

Same here

Low volume and printing a reversal candle.  Not ideal

IWM is showing good strength though which could indicate risk is still on

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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...