I voluntarily sold WFC today which was my biggest position and involuntarily sold TDC. I added a small WFC short and SPY short at close. I am still bullish on WFC but think it needs a breather/ consolidation.
TSLA/ BIDU earnings turned out to more or less non events.
I don't like how soggy the indexes have looked and looks like that may drag into the election. I'm not totally sure but market isn't moving like I thought it would. The China stocks/ IPO's getting wobbly was a warning sign which was one reason I dumped my YRD a couple days ago.
Right now sitting on BIDU, TSLA, BIIB, HMSY, and deep ITM Dec VXX puts.
Looking for a pullback to one of the two levels and perhaps after the election a big ramp up to the 48-50 range.
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...