Thursday, July 12, 2018

July 11 - GLD sucks

stopped out of GLD yesterday for -25%.  Holding off on reentry and maybe will enter if we drop another level.
SPY on the other hand is crushing.   Looks like it could retest ATH soon.  I reloaded July/ Aug call yesterday on the dip.  Earnings tomorrow.



Jan 20 - Equities caution signal, short SPY, NFLX

Call buying has come back and very good chance of a pullback here