Saturday, April 15, 2017

Apr 15 - Rebound likely next week

Was not a good last 2 weeks for the Cecil Fielder account now at 25k after hitting 50k earlier on SNAP.  Lost a string of consecutive trades, SNAP, multiple call positions on AMBA, and 3 failed attempt to short GLD.  Still set up nicely into this week and expect a rebound but the account has been looking more like Rob Deer w/o the home runs than Barry Bonds.


One thing of notice is that fear is prevalent but equities havent' suffered to such a large degree.  

VIX: VXV signalling a bottom within 0-2 days.  In the last 5 years over 18 occurrences only 2 times has this not triggered and those happened on large corrections





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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...