Silver has dislocated itself to the down…
Silver has dislocated itself to the downside again today, losing almost 5% this morning and making our SLV puts pop. Gold down. It sure seems to me that silver and not gold is the driver of the direction of the precious metals everyday.
Nice gains in the portfolio again this morning and I’ve not pulled any triggers so far today.
As noted by one of our loyal subscribers, I made a mistake in my rundown of my positions yesterday day. Somehow our Cablevision was cut off at the very end of the piece. Here’s the rundown of our positions, including Cablevision:
Longs –
- Corning
- Cisco
- Nuance
- Celestica
- Cypress
- Riverbed
- Ciena
- Apple
- Microsoft
- DBA
- Visteon
- Nokia
- Adtran
Shorts –
- GLD
- SLV
- LPS
- XLF
- LYV
- CVC
