Friday, February 10, 2017

Feb 10 - Sold BABA/ BIDU, eyeing GLD short

In case BABA / BIDU consolidate again, I will jump aboard but for now watching.  Still long TGT, LVS, JWN in that order and closed a GLD short I picked up yesterday on today's open.  I am looking to go short GLD in size on a bounce.

Not liking this stall near previous highs
 BIDU looks strong but would like to see if it can break out of this zone.  It hasn't had the same amount of energy as the previous move up that I captured
 LVS looks good
 TGT I might buy more depending on the close

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May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...