I will be traveling tonight into tomorrow.
There will be no further updates this week.
That will be me in a seat drinking away my sorrows for screwing up the Vix trade.
Such is the nature of trading.
Stocks...
Spu’s…we tested the 1952 level. Sustained and closing price action under 1954 will lead to more downside.
AAPL…is the canary in the coal mine. A Friday close under 93.52 signals more weakness.
VIX…has gone from double bottoming yesterday to rallying to a 30% rally into weekly resistance.
Bonds
30 yr. Bonds…I’m a seller @ 140.15
FX…
Commodities…
Oil…has hit all my #’s both ways. Buy stops are @ 104.20, the weekly ORH#.
Gold…strengthens over 1326. 1300 is support.
General Comments or Valuable Insight
Please read the qtrly update again, therein lies the game plan.
…………………………
Current Positions….
Long GLD 125 125 Stp Close
…………………………
Today’s Working Orders
SELL GLD @ 125.00 Stop Close “GTC”
I will be traveling tonight into tomorrow.
There will be no further updates this week.
That will be me in a seat drinking away my sorrows for screwing up the Vix trade.
Such is the nature of trading.
Stocks...
Spu’s…we tested the 1952 level. Sustained and closing price action under 1954 will lead to more downside.
AAPL…is the canary in the coal mine. A Friday close under 93.52 signals more weakness.
VIX…has gone from double bottoming yesterday to rallying to a 30% rally into weekly resistance.
Bonds
30 yr. Bonds…I’m a seller @ 140.15
FX…
Commodities…
Oil…has hit all my #’s both ways. Buy stops are @ 104.20, the weekly ORH#.
Gold…strengthens over 1326. 1300 is support.
General Comments orValuable Insight
Please read the qtrly update again, therein lies the game plan.
…………………………
Current Positions….
Long GLD 125 125 Stp Close
…………………………
Today’s Working Orders
SELL
GLD @ 125.00 Stop Close “GTC”
