I still have my shorts in NDX, SPX. EDZ, SRS, EEV. I added to my EDZ and SRS this afternoon.

Gains in everything except EDZ which lost some of its profits back, but no matter. If you saw “El Capitan” Steve Cortes on Fast Money he was talking my book. Ahoy, Matey! He was liking the SHORT emerging markets ETF on the back of the commodity slide. I’m just juicing the trade by being long the 3x inverse emerging market etf. Other possible plays are EEV (which I own) and EFU.

I also like his DBA call. I see it as extremely oversold and could be good for a bouncer next week.

Here are a couple of charts that you can suck on:

Thanks for reading

Want to know when I post again? Subscribe to the StockRake feed: .