On Friday I closed all my shorts AGU, MOS and FCX. I went long DIG, QLD and ICE on Thursday.ICE popped up 8% on Friday with buying pressure at the end of the day. ICE will run up to $105.

I also bought UYG (Ultralong Financials – 2x XLF) at $20.04 and $21.10. The selling pressure was off as I saw buying in BAC and WMU. UYG wants to now run up to test the last high at 24.79. I expect this will break past $25 then pullback to $22-23 for a final test before going higher. As you can see in the chart below we are still in a down trend and need to break out of this on strong volume about 350 million weekly.

Went long ABX at $30.5 which is a gold stock. If the US dollar continues to strengthen this will fall but the price action is looking good and its touching the lower rising trend line. Stops are tight.

went long GS (Goldman Sachs) at $161.04.

Went short on CLNE (Clean Energy Fuels) as the price went parabolic and should pull back. I bought OCT 17.5 PUTS for $1.00

I bought the UYG (Ultralong Financials) yesterday at $18.8. I had a buy order in place where I saw support. I think financials are still good for a bounce up. Still short on oil, prices are going lower which is why I am still in DUG the Ultrashort oil ETF.

Shorted MEE today at $72.

Shorted BX at $17.05