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 hr frame. Either we bounce or a big gap down is coming. I am hoping for a small bounce that I can re-enter the previous GLD puts.
Sunday, March 5, 2017
I am heavily long calls in $C, $BAC, $JPM for late Jun, July, Aug. Mad conviction here.
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...
Jumped back in on the open as it looks like we have a short term trend change. Annoyed it decided to leave without me but worth the chase a...