Tuesday, June 27, 2017

Jun 27 - Breakdown in FANG

Took profits on some of the puts.  Think since the complacency in the put/call ratio still exists there's more downside.

My big XME position suffered a reversal so even metals isn't immune to this



Tomorrow probably will be a down day and if not tomorrow, very likely more weakness ahead

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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...