Thursday, February 1, 2018

XIV long for Friday...BUT.....2.01.18

First day of February and hope springs eternal as AMAZON blows the door off and GOOGL falters.
VXX got crushed today and if I'd stayed in my position from yesterday I would have booked another $1500, but I got nervous and bailed prematurely.  Lesson learned.  With the MEMO supposedly out tomorrow we may see some fireworks and if Schumer follows through with his threats to shut down the govt. on the 8th we may be looking for an opportunity to go long vol.
For Friday XIV is long, a signal I'm suspicious of ,but AMZN's uber earnings mojo may be the catalyst to make it happen.