Our shorts were up huge across the board yesterday. We decided to hold for some follow-through this morning. It didn't happen and we had to cover our shorts like everyone else. Our gains evaporated instantly and we closed them out flat. It is definitely a " Trader's Market". We love it! The run to S&P 2000 is continuing. QIHU is running....
We bought gold today. Even though we are in the final phases of the bull-run trade and will probably run with them on some plays, we just can't abandon the belief that things are getting a little too frothy.
Gold: There could be a huge run in gold once it settles some technical trading issues. The possibility of hitting $2000 an ounce is still there right now. We will be watching closely.
Russian Tech Stocks: We still love to trade them. QIWI and YNDX are our favorites.
Lithium Producers: Electric cars are taking off and they need this stuff for their batteries.... We are tracking some good trading stocks. We may buy today.