Higher High

Published 01/27/2020, 12:17 PM
Updated 07/09/2023, 06:31 AM
GDX
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VIX
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The very first chart I did this weekend, out of the 61 charts I showed in the videos, was the VIX. I made the point that what we’d want to see is a cessation of the “lower highs” that had been plaguing the volatility index for so long. Well, we got it.

CBOE Volatility Index

As for my own portfolio:

  • I have trimmed down from 60 positions to 48;
  • Margin commitment has dropped form 230% to 173%
  • I took profits on half of my VanEck Vectors Gold Miners ETF (NYSE:GDX) calls
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