I thought it was time for a new post. I have really just been too busy to be active but hope the rain today changes that for me and plan to be around for them to announce no hike yet again.
I missed my mark by hoping for the low last week but since we have made such a strong run into FOMC I have to believe it comes to an end. During the first part of the year they managed to find the 2108-2114 mark at every meeting. In September the high mark was 2021 and the weekly close was 1958. Above I think the blue line and 2080 is the spot to watch.
I am still holding NFLX TWTR and SPY puts as well as long VXX and TLT. A bit under water on the NFLX and SPY at the moment but I am being stubborn and holding my belief until that breach over head. I will give today a chance to play out before making any further positions. I will catch up all of ya by around lunch time with any luck.