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Junk portfolio now up 51% and with the 13% pop in KLIC in the afterhours its likely to drag this group of crap higher. I’ll take it. I took a shot at more pullback in the indexes and it was wrong. I immediately covered those positions, well not immediately, I get the pleasure of the …

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I went to cash at the close. I waited on the FAZ, SRS sell signals too long and ended up essentially getting out at the bottom. SRS went back to a buy before the close. FAZ did not. Like I said I tossed my index funds as the indexes were making bullish reversals that failed …

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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 …

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Sold all of my QLD and UWM positions into this strength. Still have the chopped mutual fund position that I talked about yesterday. Bought: SNTS @ 2.44, VPHM @ 11.12 Both of these are drug/biotech stocks. **Late edit. Don’t know if RSS readers see this once a post is published, but Sold the July 90 …

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Biotech stocks brokeout today. Its official uptrend for biotech. From this point forward buy the dips. This is the chart I posted on May 30th. I was saying at that time that there are signs of a move happening in this sector and that new up trend is possible. I said it in a shorthand …

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