The markets were really slow today. As usually we pretty much opened down and then had the 10:30 reversal and markets went up and then just chopped. Again, it kinda feels like we have been in this range for many years, but I assure you this is not the case. However, even with the markets being choppy like this they is some interesting trading in gold, silver, bonds, currencies, and individual stocks. Right now many of my 22 positions are options positions in ETF's that are not US stock ETF's. For example, interesting action might be in bonds because bonds were down around 1.5% today (which is very interesting action for bonds) along with that emerging market equities, gold, and many individual stocks today were showing action. The big stocks were AAPL shooting up due to Ichan's comments and BBRY shooting down after being up around 10% and closing up 1%. So due to the recent action I have done 12 trades today which is a little above the norm for me, and possibly looking to do some more pairs trades. I had a pair on this morning, long SPY-QQQ pair because of a reading one of my models had, but I closed it for a small profit. So, right now I am looking for vol in individual stocks and other assets while still staying short the major indexes....hence long vix, and hopefully we can get some action.
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