Friday, October 14, 2016

Oct 14 - Mixed bag in equities, YRD might be ready to blast off

Not sure what to expect Monday but today's action could be a bear trap.  But I don't have a huge amount of conviction here.  Next week is seasonably bullish so tailwinds for the bulls.

Long China via YRD + CMCM + SOHU Nov calls
Long VXX Nov puts
Long WFC, BIIB stock
Added back 1/2 position of GLD long (we should get a bounce sometime, just don't know when)





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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...