Tuesday, January 10, 2017

2017 macro strategy

Will be longing gold miners such as ABX and shorting with puts the SPY. I think the Trump rally is over-extended. The Federal Reserve will turn dovish and there will not be as much rate hikes as people think. Call options on GDX and GDXJ will be very profitable as well imho.

Disclosure: I have put contracts on SPY with expiries of jan 20, feb 17, mar 17 and long ABX (TSE)



Submitted January 10, 2017 at 04:40AM by chan4720 http://ift.tt/2izDWua

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