Friday, July 24, 2015

Morning Update

The Ultimate Portfolio is still 70/30 SDS to XIV.  My signal is still indicating a downtrend.  The 50K to $1 million portfolio went long SVXY Wednesday, and thankfully reversed itself yesterday with little movement in the price. I didn't like when signals were in conflict.  The trend seems to be for the market to get back to the bottom of the channel at 2040.

I went short DUST puts for August week 1 one, strike $31.  This fever will break, probably by Wednesday when it becomes clear yet again the FED will never raise interest rates.

NADEX had another EOD winner,  and just went short again for today.  

I am also short ES on a Swing.  

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