Still sitting on big position of BIDU and BABA. Some JWN and added TGT to the mix today. Retail might be about to turn up for the next 4-8 wks. Stopped out of QCOM late last week and took profits in M on the buyout rumor spike.
China play is going well.
This has been the best 3-4 mo stretch I have ever had. I am currently flat in the volatility account and have been for a few weeks and only have small positions in the discretionary account. The Cecil Fielder account is up 90% on the year. It is a high risk account so I could easily get whacked at any time.
Wednesday, February 8, 2017
Call buying has come back and very good chance of a pullback here
Probably 2/3 of the options account is in banks. Maybe 1/2 regionals and 1/2 XLF, C, BAC. Expecting another run up in equities into Augus...
Jun 10 - More bullishness but when is the pause/ pullback coming? Currently long C, BAC, DAL, JBLU, MARK, IGT, PYBI, FDXI botched my financials short trade and didn't close them the day after when I was up 70% and ended up taking a 50% hit the next day. F...