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)
Friday, October 14, 2016
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...
I am liking the set up for XLE a lot now and XBI I am hoping for some settling so I can board the train. Maybe within 1-2 weeks? Missed ...
Didn't make any changes Fri except close the GLD short as the miners + silver started showing strength and an oversold signal on the 2 h...