Sold the WFC Nov 47 calls for a nice gain and would hold them if we weren't seeing the upper end of the range in equities. I think WFC is carving out a floor finally but don't want to get caught in an overall down draft.
Current holdings (in order of size)
short GLD, SPY (re-entered after getting stopped out yesterday)
long YRD, CMCM, TWLO
Probably tomorrow will be a down day with a gap down
Possible failed breakout in IWM
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...