05Feb3:20 pmEST
Late Afternoon Chess Moves
I sold off another piece of my JNUG long here at $35.39 from the $33.40 entry, noted yesterday in this blog post, to scale more gains I am now down to about 1/2 position of the original position size.
Also, if you missed my update in my last post, I sold the UGAZ long from earlier today at $2.48 for a loss from y $2.58 entry. It was a tight stop but I am not looking to fool around with these triple-levered instruments in terms of drawdowns--In order for the big wins to mean something I must contain the losses.
Currently, I am long JNUG and NUGT, and short NKE.
Let's Help the Consumer with... Stock Market Recap 02/05/15 ...











