Not totally sold on today's bounce and we might get a reaction tomorrow. My China longs are struggling here (even YRD which made a bad reversal today) and things need to get moving soon.
Added to GLD longs. The other core positions of WFC, BIIB look solid and might switch out China for more blue chip longs like WFC/ BIIB
Tuesday, October 18, 2016
I am heavily long calls in $C, $BAC, $JPM for late Jun, July, Aug. Mad conviction here.
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...
Jumped back in on the open as it looks like we have a short term trend change. Annoyed it decided to leave without me but worth the chase a...