I added to my ($SPY) short at $766.61 on the jobless claims report.
Gold is benefiting from the report and is now trading at $410.24 (+$7.25 on the day and +$15 from yesterday morning’s low (where I added to))
Positions: Long GOLD S; Short SPY Common and Calls.
* At 4:40 AM…
I added to my $SPY short at $766.08.
Position: Short SPY common (S) and calls (VS)
A close not too far from the highs is a good sign, but it is just the first step in a recovery.
I added to my $SPY short at $765.41.
Position: Short SPY common (S), calls (S)
Bonds reverse to the lowest prices of the day (and highest yields) — the reason for my more aggressive short $SPY stance.
Position: Short SPY common (S) and calls (S)
Shorted more ($SPY) at $764.01 – moved to small sized.
Reduced further ($GLD) at $403.12 (too much of a move, too soon). Will add $398-$400.
Positions: Long GLD S; Short SPY S
With S&P cash +18 handles I have reshorted ($SPY) (vvs) at $763.23
Positions: Short SPY VS
With S&P cash -48 handles I am covering my index shorts:
* $SPY $762.33
* $QQQ $707.31
I plan to reshort strength.
Position: None
Here are Monday’s things:
* I reshorted the indices after the market closed last night — $SPY at $767.32 and $QQQ at $717.13.
* I added to my $MSOS common at $4.94 and call long positions (slightly out of the money for September and October).
* I added to $VRNO at $6.12.
* I initiated a very small $GLD long at $405.42 (which I added to overnight at $401.28).
* I added to my $CRM short at $260.24.
* I reshorted the private equity space — $APO at $137.61, $BX at $142.94 and $KKR at $110.63.
* I reshorted $CRWV at $85.02.
* I reshorted $JPM at $356.14.
Long MSOS common VL calls S VRNO S GLD VS
Position: Short SPY (S), QQQ (S), CRM (S), CRWV (VS), APO (VS), BX (VS), KKR (VS), JPM (S)
We initiated three positions, added to several others, and locked in massive gains along the way.
