Sunday, September 11, 2016

Sept 11 - Eyeing SPY long entry, TWLO, MEMP long

Eyeing SPY long if we hit 210 SPY as we are far outside of the Bollinger.  Thinking that this sell off is a 1-2 days event or something bigger like back in Aug 2015.  The best play is to wait for a lower volume candle on lower range and/or a reversal candle.

Still long TWLO and looking for 75 and also started a position in MEMP

No comments:

July 21 - Still massively long banks, took short term longs in NVDA, BABA, HAL, OAS

Probably 2/3 of the options account is in banks.  Maybe 1/2 regionals and 1/2 XLF, C, BAC.  Expecting another run up in equities into Augus...