Wow the RUT was curiously strong today….my RUT short got spanked for -5.5% today while the NDX although was looking at a 3% gain this morning turned into a flat pancake by the close. A very strong move came into the close and who knows why? IMO, we didn’t move up enough last week to [...]

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Took the VCLK calls off for 21%+ gain @ .85. Purchased @ .70.

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Sold CPSL on the pop today. Took a 11.6% gain. I’m considering getting more short here this morning. I don’t know the reason for the minor rally off the bad news, could just be typical counter trend stuff.
Still own LLNW, BRCM, and VCLK calls are up about 14% right now, considering taking it, but I [...]

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Afterhours all three of these companies reported earnings and it looks are going to cause a nice drop tomorrow morning. This is good for me since I added to my shorts. I wish I didn’t get rid of the intraday QID position today.
I forgot to mention that I dumped PWAV taking about a 1% gain [...]

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Took 30%ish or more on the ACI and BTU calls. Very nice 1 day bounce there.
Still holding the CVX calls, but considering dumping those taking the small loss and being happy with the big gains in the coal stocks.
Went short with QID and upped my index fund short position this morning. Just sold QID though [...]

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Well on the week to week basis we got the rebound I was expecting.
On a week over week basis, the RUT gained 19 points, and the SPX gained 21 points. However, things like the UYG did 14.6%. So certain items this week exploded while others were just good.
I flipped to a small index SHORT position [...]

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I sold my RTK position for a 4% loss. Didn’t like the way it was acting. Plus using a new technique is making me more skittish than usual.

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Dumped VPHM @ 10.68 for a 3.9% loss. In between postings I bought RTK which is doing well @ 1.68.
DELL and SPF look interesting.

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RUT gave us longs 7.36% with the UWM giving out even more @ 7.73%. The NDX gave us 5% while the QLD gave out 4.78%.
If you’re new to my site, I’ve been long since Friday.
Today I trimmed back my index longs in the mutual funds (because the timing I have to trade them is only [...]

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I did what I said I was going to do. Went heavily long the leveraged funds for the indexes NDX and RUT. I also bought the leveraged ETF’s UWM and QLD. Outside of that I also have my ICE call options. There is going to be some sick option activity next week. This long trade [...]

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I was mostly in EWZ and had no index longs today despite the move up. EWZ, however, produced a nice result of 3.5%, but mostly in the range of 2% for my accounts. I dumped most of it today near the close, however, I do have a small amount left over that I wasn’t fast [...]

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Yesterday I covered my butt and went to cash after the huge run up. I was very close to then shorting the indexes, but enough “noise” entered my trading window to mess it up and so it goes. The good part is that I avoided the meltdown today. However, the two day swing performance for [...]

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Very very nice bear market bounce. Something I’ve been prepared and waiting for. 8%+ in UWM, 7% in the 2x funds.
Waiting for a spot now to get short heavily. However, that will likely come next week. Enjoy the day if your long, congrats. I’m cashing out of US markets, but bought EWZ, the brazil ETF. [...]

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I forgot that I didn’t post on Thursday, but I went long the indexes rather heavy at the close. Markets appear severely oversold and ready for a bounce. If for some chance we are down in the morning it will likely be a big intraday buying opportunity.

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I took a quick short this morning on ACI by buying the July 65 puts. Which was a nice 19.6% gain in a matter of 15minutes.
I also bought QID rather large. I was up as much as 2% as the gapped up market SOLD off…then I got stuck wasn’t watching the screens, and the wild [...]

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