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 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...