August 22 morning, closed metal short

The broad indices open 1/2% lower.
Metals did open lower. It looks like the metals used up the downside energy.

Closed the silver short (DSLV) for a 1.21 per share gain.

August 19, short metal into weekend

DJIA 18,553 -45.13
NASDAQ 5,238 -1.77
NYSE 10,829 -33.72
SP500 2,184 -3.15

Metals and specifically silver closed below recent prices, into lower 18. Silver and the metals can go lower next week. Bought triple short silver, DSLV, near the high of the day (near the lows for silver).

SLV 18.35 -0.42

August 12, flat into the weekend

DJIA 18,576 -37.05
NASDAQ 5,233 +4.50
NYSE 10,822 -13.74
SP500 2,184 -1.74

Sold yesterday's ultra long SP500, SPXU, for a wash. Gold was higher in the morning, flat-lined, then sold off sharply starting at noon to close negative for the day.
Sold yesterday's gold short, DGLD, for profit of $1.05 per share.

August 11, Gold Horn

DJIA 18,614 +117.86
NYSE 10,836 +61.17
SP500 2,186 +10.30

DGLD 42.25 +0.78. 3x inverse gold. Bought at  $41.44.
SPXU 23.01 -0.30. Ultra short S&P500. Bought at $22.98.
Looking to sell both positions tomorrow (Friday).

Gold made a horn and proceeded to sell off, following silver and platinum lower. When gold failed to keep the gains of the day, went short.

The broad market indices, having slowly sold off over the past couple weeks, were higher and were showing the up-strength was wearing thin.

July 1st

DJIA 17,949 +19.38
NASDAQ 4,863 +19.89
NYSE 10,516 +26.00
SP500 2,103 +4.09

Sold double long SP500, the SSO at 66.70. This was bought last Friday on the BREXIT swoon.

Thursday market consolidating

Indices were mixed today, Thursday. The market is consolidating recent gains. BATS is released tomorrow. Expect the market to be higher for the BATS release (priced at $19 per share), then flat to lower.

This is a good time to go to cash, and possibly consider shorting the banking sector.
 
XLF Financial Select Sector SPDR ETF 22.98 +0.05
IYF iShares US Financials 86.05 +1.73
SKF ProShares UltraShort Financials 45.73 -0.23. Day range 45.36 - 46.29.

VALE pops

Broad indices were up nearly 1%.

The Yen continues to show strength, up about 11% this year. US Dollar is at 94.

SPX 2,061.72
DOW 17,721.25
 
VALE 5.32 0.44(9.02%) 
There has been strong up-volume the past three days. Nice move today, could be time for a pause.

Platinum is nearing round-number 1000. Could be time for a pause or a short.
PPLT 96.39 1.25