Friday, July 1, 2016

July 1 - Short SPY

Looking for settling next week.  How much I don't know but my guess is we see a bit of chop and consolidation before ATH.  My bearish thesis post Brexit of retesting the lows seems a far off memory and a long shot to happen but if it happens it would be a great buying opportunity.

A bit of a warning sign for WSJ ' selling on strength' from today

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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...