Added SPY long exposure on the morning dip and so far so good. UUP calls are in good shape and GLD puts I feel the least confident about but I will need to give that one time.
Positive divergence playing out so far
Promising so far but today's up move might need to fail to allow equities to gather more energy to move definitively up and out
Thursday, May 5, 2016
May 5 - Equities bouncing, maybe short term bottom or close to it/ USD continues to move up
at May 05, 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...