Just cleared off my plate and closed out intraday SPY long and also GLD short (which undoubtedly looking to re-enter). I like SPY to hit 209-210 but things look stretched here. Only in UUP calls now.
Looks due for a bounce and NUGT might be a very short term play
Up near resistance so waiting to see how we react
Tuesday, May 10, 2016
I am heavily long calls in $C, $BAC, $JPM for late Jun, July, Aug. Mad conviction here.
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...
Jumped back in on the open as it looks like we have a short term trend change. Annoyed it decided to leave without me but worth the chase a...