Ya own Bitcoin and Ether with gambling money. Principal taken out, playing with pure profits at this point. 

Last year going into election

Perfect retest on IWM Daily, Breakdown from here?

Does anyone even watch these channels anymore? My kids watch Netflix, YouTube and Disney. Only channel I watch is Comedy Central and that too is declining as shows suck now. 

HAH

IBM driving Dow today

Keep in mind, If tax reform passed with proposed corp rates, s&p 500 eps could double and the market would look cheap. I am skeptical that a deal passes but that's a large reason we keep grinding higher. 

Bad Print

Not looking pretty. For some reason I am unable to upload pics. I only get the cancel all uploads option. Add Images does not work. 

http://schrts.co/k8w6eP

Timing wise, with VIX near lows. Might be prudent to hedge out books. I bot puts expiring in Oct 17. You get paid 2 ways. Or market correction occurs. I am risking 2% of my P&L, Allows me to play on longside with out tying up capital in shorts. Own Puts on SPY, QQQ & IWM.

10% Drawdown will net me 12% net of expenses due to leverage of position. 

1. Volatility goes up ($VIX back to 10)

2. If there is a  correction, it will happen before Oct 20.

3. Good insurance policy for portfolio as there is plenty of time til expiry.

This strategy allows you to play offense while limiting total capital risk of a overnight shock/drawdown. After 20yrs of investing & managing money professionally. The drawdowns setup and the action starts overnight. 

Looking forward to this call. 

Currently trading above it, newsletter suggested that it can probe higher and the parabola can be redrawn. Can u pls make that update? SPY just above the 20dma also

wouldn't mind a copy of the trade sheet as well if anyone can share. thanks

Thanks Steve, seems best to just wait and see how it plays out than

thanks Saturn

I am long WLL, APC, OXY, XOP and RIG here. fortunately I am not deep in the whole on any of them. Any advice/view into energy today after oil bounce will be appreciated. Oil bounce of 2%, may portend yesterdays "E" wave, but I am not that versed in calling those patterns. Would really appreciate thots & opinions. 

Martin Armstrong calling for a Once in a Liftime rally.

https://www.armstrongeconomics.com/markets-by-sector/stock-indicies/dow-jones/the-most-hated-bull-market-in-history/

Any view on AAPL? I never took the trade but find todays pullback more compelling. At what level does the AAPL system close out? At what level does the balance scale in?

As someone who lives in a suburb of Fort Lauderdale, can't say I am happy about this at all. Bad enough the young kids here are already messed up, only going to make things worst.