The Spike That Wrecked My Bike!

To quote John McCain: “I’m ashamed... I’m embarrassed... All of us should be."

Clearly, he was talking about my portfolio.
 
After not being able to get in a penny edgewise with some earlier calls, I threw in the financial towel whilst the Conviction Bulls ate my lunch.  

I too bought the dips today - the VXX + NFLX dips.  If we get some more political disappointment, the VXX has the potential to rebound.  If we get some more bullish conviction, NFLX could break out to the upside some more.

Dear Carl Icahn, I'm counting on NFLX to kiss my boo-boos if a continuation move occurs tomorrow.  Even a 2% move up from today's closing price would hit my strike and refuel my bike...


-5.98% SBA
-3.77% Roth IRA

+2.18% DJIA
+2.26% Nasdaq
+2.18% S&P 

+1.46% FTSE
+1.66% Eurofirst
+1.12% Nikkei
-0.94% Shanghai
+0.12% SENSEX (No Bollywood style dancing today...)
-0.36% Hang Seng

+1.32% WTI
+2.63% Brent
-0.76% Gold
+0.65% Copper
-0.96% Corn

+0.93% USD/JPY
+0.94% EUR/JPY

0.95 Put / Call Ratio

+2.35% DJT
-16.33% VIX

+1.49% 5-Year US Treasury Notes
+1.32% 10-Year US Treasury Notes


84% Advancing Issues on NYSE                         |   91% Up Volume
15% Declining Issues on NYSE                          |   8% Down Volume
1% Unchanged                                               |   1% Unchanged
110 New Highs   |   23 New Lows

81% Advancing Issues on Nasdaq                      |   90% Up Volume
16% Declining Issues on Nasdaq                       |   9% Down Volume
3% Unchanged                                               |   1% Unchanged
96 New Highs   |   16 New Lows