Wednesday, February 8, 2017

Feb 8 - Still long BIDU, BABA, JWN - added TGT

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.

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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...