Friday, October 14, 2016

Oct 14 - Trimmed off GLD, NUGT

Didn't like the action last 2 days and was expecting the GLD bounce to materialize sooner.  Will re-enter GLD if at end of day we print a low volume small candle.

Otherwise I picked up VXX puts yesterday and already thinking about selling them as SPY looks wobbly.

Holding large YRD (moving great), midsized CMCM (which is acting like a turd now), and small SOHU.

I am hoping for more market weakness and chop to get a big long position into the end of Q4.  Eyeing WFC and hoping for an earnings slide to buy into weakness.





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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...