Wednesday, April 19, 2017

Apr 19 - More churn in equities

Movement to the upside isn't happening how I thought but it isn't going down either.  So far the indexes are up for the week.  If and when we break out of the zone, things do seem fatigued so part of me wants to play it cautious into the early summer.

NYA just looks like consolidation.
 VXX short still in place
 Still long XBI also
 Unfortunately missed a good selling point a weak ago in URA.  The set up is still good and my May calls just have to suffer through the theta decay.  We should get a bounce here.

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Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

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...