Tuesday, July 21, 2015

Morning Update

I am still at 30/70 XIV to SDS ratio for the Ultimate portfolio.  We placed a short on NADEX last night at 2128 for EOD today.  We placed a put option trade on DUST yesterday, July Week 5 strike 30 for $1.85.  I am looking for a relief rally.  Finally the $50K to a $1 million challenge is still long SVXY.

I am expecting some pullback in the market this week.

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