Updated Position (slightly net-short)

Out of AMZN at the close (acted miserable today) and am slightly net-short overall as a result. Will adjust tomorrow accordingly (which direction I don't yet know)...

Total Position: ~1.15-to-1 net-short, 52% invested

Currently Long (according to size):BEAV (6.9%); SIRO (6.4%); CAB (5%); MMR (4.4%); CISG (2.7%);

Currently Short: MS (8.2%); TWM-long (Russell 2k Dbl-short, 6.7%); JPM (6.4%); DB (5%)

Futures Accounts: no current position

Twittspitt for details

Updated Position (keeping net-long)

Total Position: 1.25-to-1 net-long, 59% invested

Currently Long (according to size): AMZN (increased today 8.2%); BEAV (6.8%); SIRO (6.2%); CAB (increased today 5%); MMR (reloaded today, 4.4%); CISG (2.6%); out of IAG today for now

Currently Short: MS (increased today, 8.1%); TWM-long (Russell 2k Dbl-short, 6.8%); JPM (reloaded today, 6.3%); DB (5%)

Futures Accounts: no current position

Twittspitt for details

Updated Position (net-long, smaller overall)

Reasonable action in the market today, where (dramatic!) news has generated a lot more TV-mouthing than true selling. I've scaled-back exposure, more on the shorts than longs. As such I'm heading into the long weekend a bit smaller and a bit longer; still keying a variety of longs and mostly financials for shorts.

If I were more bullish on the market, I'd have jammed buy buttons hard today. Instead, I'm nudging that way slightly, waiting for a sign to sell 'em once again instead.

Mavericks is on for tomorrow. I'm sorry to miss out, but I picked-up a last minute North Coast sands and crabs hunt package just a day before the announcement. They're pretty much giving these things away away.

Total Position: ~1.5-to-1 net-long, 45% invested

Currently Long (according to size): BEAV (6.7%); SIRO (6%); AMZN (5.1%); IAG (reloaded today, 5%); CAB (3.4%); CISG (2.7%)

Currently Short: TWM-long (Russell 2k Dbl-short, 7%); DB (4.8%); MS (reduced today, 4.3%); out of JPM, SKF today

Futures Accounts: no current position
Options: sold the Mar 65 DB puts, 6.90 ave

Twittspitt for details

Updated Position (market neutral for now)

I shifted early but not exactly often today; longs did their job though (smallest position CISG esp.) and move in financials was less than gruesome; not complaining...

Total Position: roughly market neutral, considering levered etf-hedges; 64% invested

Currently Long (according to size): AMZN (8.3%); BEAV (6.7%); SIRO (6%); HUM (3.7%); TIE (reloaded today, 3.6%); CAB (3.4%); CISG (2.7%)

Currently Short: MS (7.9%); TWM-long (Russell 2k Dbl-short, 7%); JPM (6.2%); SKF-long (Financials Dbl-short, 3%); DB (4.9%)

Futures Accounts: no current position
Options: Long DB Mar 65 puts in a couple accts now, 5.00 entry

Updated Position (shift towards neutral)

Total Position: ~1.15-to-1 net-short, 60% invested

Currently Long (according to size): AMZN (reloaded today, 8.2%); BEAV (6.5%); SIRO (6%); HUM (3.7%); CAB (reloaded today, 3.4%); CISG (2.4%)

Currently Short: MS (8%); TWM-long (Russell 2k Dbl-short, 7.2%); JPM (6.2%); SKF-long (Financials Dbl-short, (reduced today, 3%); DB (4.9%)

Futures Accounts: no current position
Options: Long DB Mar 65 puts in a couple accts now, 5.00 entry

Updated Position (+ new Trader's Guide)

I posted A Trader's Guide to Cross Training at ES earlier today here.
(the post is the first of a new series re selling individual stocks short).

Shifting further short today, though taking some body shots with the rallying financials.

Total Position: ~1.85-to-1 net-short, 46% invested

Currently Long (according to size): BEAV (6.5%); SIRO (6%); HUM (3.8%); CISG (2.4%)

Currently Short: MS (8.1%); TWM-long (Russell 2k Dbl-short, 7.2%); JPM (reloaded today, 6.2%); SKF-long (Financials Dbl-short, (6.1%); DB (5%)(Note: I added proportionally to SKF where I could not borrow DB)

Futures Accounts: no current position
Options: Long DB Mar 65 puts in a couple accts now, 5.00 entry

Twittspitt for details

Updated Position (lighter, shift to net-short)

Heading into Tuesday's close...



Total Position: ~1.33-to-1 net-short, 64% invested

Currently Long (according to size): BEAV (6.6%); SIRO (5.9%); AMZN (4.7%); MMR (4.1%); HUM (3.9%); HITK (3.9%); CISG (2.3%)

Currently Short: MS (7.9%); TWM-long (Russell 2k Dbl-short, 7.3%); SKF-long (Financials Dbl-short, (6.2%); DB (5%)

Futures Accounts: no current position
Options: Long DB Mar 65 puts in a couple accts now, 5.00 entry
Note: I added proportionally to SKF where I could not borrow DB

Twittspitt for details