Wednesday, August 3, 2016

Aug 3 - XOP long

Added XOP long after getting stopped out yesterday (should've had a slighter longer stop maybe).   XOP has been showing strength despite oil weakening the last few weeks.  Oil 'may' be stabilizing here but the trend is still down.

Also added VXX put spreads for first month of Sept in the 'Volatility Account'.  Plan is to add 1% of acct/ wk going out 1-1.5 mo.




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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...