Posts Tagged ‘emerging market’
Back To Cash, Gold, Inverse Emerging Markets
Took gains in everything this morning. 2x funds SPX, NDX, and RUT at the morning price. Although waiting until the end of the day would have yielded better returns, I wasn’t about to chance losing the 8-9% morning gain. I also took my gains in X calls, CENX stock, TEVA spread, and took a small …
Still Short
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 …
Trades Today Went 8-8 Still Holding Some
If you have followed me today, you saw this morning I bought, YZC, UYM, RSX, SSO, and TNA. I also went long with Rydex double funds and got filled at 10:45 at a entry price. Over there I went long the SPX, RUT, and NDX. All trades bought today closed with nice healthy gains. I …
Covered Index Shorts, Bought EWZ
I sold my index shorts this morning taking the loss and walking away. This morning’s upmove just shows there is probably a larger down move brewing in the not too distant future (October). I may have gotten out early and we could close flat, but we’ll see. The position I had on was roughly a …
Market Moving My Way
I mentioned yesterday that I went short with a “medium” position. This morning I’ve added to the index funds in the RUT only. I also bought TWM and EFU (2x inverse MSCI etf). The EFU is a play on the strengthening dollar. If the US dollar strengthens, the emerging markets will go down. The weak …
