I’ll be leaving for meetings after London’s close.
Nasd 100…4339 is the high daily & monthly close of the past 14 years.
I’d look for natural price rejection the first time up.
DAX…11,000 is going to be troublesome. dax needs a couple of closes over this level for higher. it’s a good place to tighten up your risk.
We’re definitely doing the VIX trade if the cash gets to our level.
Solar names as well as the Banks are today’s darlings.
CSIQ is coming into resistance near 30. This will need a couple of closes over to extend.
Trade where you can manage your risk.
Current Positions…. Entry Stop TGT
LONG ZIOP 7.99 8.00 Close 12
LONG ZIOP 7.99 8.00 Close 12
LONG AAPL 116 129
LONG BRKB 149.67 149.00 Close
LONG DXJ 50.38 49.90 Close
LONG TLT 129.40 128.70 Close………………………………………………………………………………………………………….
LONG DXJ 50.38 49.90 Close
LONG TLT 129.40 128.70 Close………………………………………………………………………………………………………….
Working Orders
…..
SELL another 30% piece of the original ZIOP position @ 10.90 GTC.
BUY 15 VIX 16 2/18/16 Calls @ the market when the Vix cash trades 14.90.
This is a situational trade.
SELL AAPL @ 128.75 GTC
SELL 1/2 TLT @ 132.05 GTC
Don’t forget to cancel stops or resting orders if filled on any orders.