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
Very bearish now and looking for a retest of lows in 2-3 weeks. I have puts in SPY, AAPL, GOOS, and GLD. Calls in RIG every major dro...
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...