Friday, August 14, 2015

Morning Update

The market is still bouncing around like a ping pong ball. This is not a healthy market.  We are still staying with a 50/50 ratio for the SDS/XIV Ultimate Portfolio. We are in cash in the 50K to 1 million dollar portfolio.  Both portfolios are doing very well and easily beating the market averages.

We took swing short positions on NUGT, GLD, BIS (Long) and IWM.  GLD, BIS and NUGT trades are profitable, and IWM is flat as of last night.  I will update stops today.  I am also watching AAPL for an entry short.

We had another NADEX EOD winner, and we place a Gold short on last night for EOD today.  So far that looks good.  I will Twet a EOD for S&P 500 by 6:50 am my time.

We closed a beautiful swing long on ES, plus 35, took a swing short that was stopped for minus 10, re entered a swing short, which is currently plus 9, with a stop guaranteeing plus 5.

This weekend I will update the spreadsheets.

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