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The Good That whopper of a BAC put trade I made yesterday? Well you don’t know that it was a whopper, but it was large compared to my usual trade size when it comes to directional call or put buying ended up very profitable this morning. I mentioned what I did yesterday with this chart: …

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I covered my FAZ and QID as well as my index fund shorts at the close and flipped some index short money to long. The reason I did that was that all levels I was looking for held up. That level was 873.29 on the SPX. So that was my reason for the flip to …

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Well the shorts worked out great today. The RUT was good for 7%, and the NDX was for 4.7%. I like to eat whoppers and we got one in the market today. Yesterday I posted about selling out of the ETF’s, I didn’t exactly sell everything. I had a small QID position as well as …

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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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Market moving very well right now. Financials got a wee boost from NTRS and WFC today (if you don’t know those symbols look em up because its part of your job). Oil has cracked for the time being. The action I saw in the DUG yesterday was telling. However, I did not post about it …

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