Here are today’s things:
* I shorted more $SPY at $770.05 and SPY calls.
* I reshorted $CRM at $263.66 and $JPM at $360.35.
* I shorted $SNOW at $377.51 and covered at $368.01.
* I sold my $GLD long at $411.65.
Position: Short SPY common (L), calls (S), CRM (S), JPM (S)
I have moved to large-sized short $SPY (at $771.80).
Position: Short SPY common (L), calls (S)
I have moved to between medium and large sized ($SPY) short at $769.08
Positions: Short SPY common M/L and calls S
I moved from small- to medium-sized short ($SPY) at $767.75.
Position: Short SPY common M calls S
I added to my ($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
