Not a bad day and I finally cut loose CMCM and basically wrote off most of the option premium. Only sitting on YRD which has made a very nice recovery. I am thinking that China stocks might slow down until November once indexes might break out of this zone.
GLD I am targeting 123-124.
WFC doing well, BIIB soso. My VXX puts doing great despite a modest up day in SPY.
I made a big gaffe and once again missed the move in oil.
The rounded bottom and miners leading which is bullish
Here again you can see miners leading
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...