Volatility Pops

Volatility Increasing - VIX up again today.

The Market doesn't know where it's going. 

So far in November, we are down about 15%.   Too many earnings suprises and market pops and drops.

So I scaled back my holdings and continued to study and learn some trading rules.

This morning all my long positions in SGR, GOOG, EWZ got stopped out. 

I ended the day holding puts in XLF and PMI for gains of over 30 % for today.

Who knows what tomorrow will bring.

Trade Smart,

JB