Thursday, August 27, 2015

Morning Update Early

Well, the cup and handle to 2000 is nearly played out.  Amazing that the math is working so easily. The ride was wild though.  I think we need to look to end the week with a touch at 2017.  We'll see.



I took off the SVXY portion of the $50K to $1,000,000 challenge.  The backwardation will make this a sluggish trade for a while.  I also left the Ultimate portfolio at 50/50.  It will stay there through the Fed meeting.

NADEX was a winner today, and will put a sell trade on at 2022 if we can get it up to $25.

Our AAPL calls were a winner and we closed them, and we got a sell on IWM and a buy on GLD today.  But the choppiness may see us right back out of them.


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