{"id":93,"date":"2015-01-06T09:37:56","date_gmt":"2015-01-06T09:37:56","guid":{"rendered":"http:\/\/www.travelsandtrades.com\/?p=93"},"modified":"2015-01-07T08:35:15","modified_gmt":"2015-01-07T08:35:15","slug":"jan-6","status":"publish","type":"post","link":"https:\/\/www.travelsandtrades.com\/?p=93","title":{"rendered":"Jan 6 – Sanary and Le Castalette + Market update"},"content":{"rendered":"

We visited eze and Monaco rock yesterday. \u00a0Eze is a medieval town outside of Monaco which reminds me of an extremely miniature castle version of Mdina. \u00a0It’s got shops and restaurants nestled within the stone. \u00a0We only had an hour there so we enjoyed some Provence rose and headed by bus to Monaco rock which is the old Monaco district where the palace and church are. \u00a0Also where Grace \u00a0Kelly is buried. \u00a0She died untimely on the roads of Monaco many years ago (she was married to prince Rainer). A tidbit: \u00a0Monaco means monk. \u00a0The reason why it’s monk is because of Grimaldi who disguised himself as a monk and knocked on a monastery, slaughtered it’s inhabitants and took over the area. \u00a0For some reason this seems celebrated here. \u00a0Whatever.<\/p>\n

Today we visit Sanary and le Castellet<\/p>\n

The market had its first four day losing streak since 2013. \u00a0It was a solid 2 percent down day. \u00a0It’s approaching over sold but the downward RSI is strong so we should expect more down ahead after perhaps a little bounce. \u00a0You need some positive divergence in the RSI before reaching a bottom. There is none -yet. \u00a0We’ve seen violent unrelenting bounces before without divergence but it feels different this time around. \u00a0A lot more geopolitical events now (Greek exit, insanely falling oil, euro\/usd fall)<\/p>\n

Our spy\/TLT trade isn’t doing terrible considering but it’s still down. \u00a0As time passes and upon any VIX reduction and upwards move we should profit well. \u00a0I \u00a0entered at multiple times and as well even some was entered yesterday during the strong down move. We’ve got 205-200, 204-199, 203-198, 202-198 and 199-194 now. \u00a0 So we added ours all the way down. \u00a0It’s better than having entered them all at 205-200. \u00a0TLT is acting well as the pair trade. \u00a0Over all we should do well enough. \u00a0I may add 10 percent more TLT On a bounce in spy and fall in TLT as a slight hedge.<\/p>\n

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We visited eze and Monaco rock yesterday. \u00a0Eze is a medieval town outside of Monaco which reminds me of an extremely miniature castle version of Mdina. \u00a0It’s got shops and restaurants nestled within the stone. \u00a0We only had an hour there so we enjoyed some Provence rose and headed by bus to Monaco rock which … Continue reading Jan 6 – Sanary and Le Castalette + Market update<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-93","post","type-post","status-publish","format-standard","hentry","category-trades"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5IMbd-1v","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/posts\/93","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=93"}],"version-history":[{"count":9,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/posts\/93\/revisions"}],"predecessor-version":[{"id":117,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=\/wp\/v2\/posts\/93\/revisions\/117"}],"wp:attachment":[{"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=93"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=93"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.travelsandtrades.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=93"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}