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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 …

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WTF is with this market. The minute there is a potential 2 day move they rip the other way. Not just a doji, maybe a hammer, maybe some lame weak fizzle, no they rip the face off the very next day. That is what happened to me today. Mostly in my KGC calls and FXI …

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Two sectors working right now are Guns and Gold. Is it a coincidence with the market taking a 1 day hit that killed the uptrend line, closed below some 21d ema’s, looming financial regulation, European debt rating downgrades, and with the European issues bubbling up? No. There are no coincidences. Only what is. I’ve been …

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I tweeted earlier today that I predict some forex/oil mumbo jumbo will be the excuse for further market poppage. It looks like that is the case right now at about 12am est. I sold my GS today (wrongly so), but still made a profit on those 155 calls. The target was not hit, but likely …

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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 …

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