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Aug 7th Trading Log (Updates):

Current Trades: Bought 20,000 SQQQ shares at 37.80, bought 10,000 SQQQ shares at 37.50, sold the 50,000 UNG shares at 9.80, bought 10 MSFT Sep 500 puts at 17.9, sold 30,000 SQQQ shares at 37.90, bought back 20,000 SQQQ shares at 37.50, sold 20,000 SQQQ shares at 37.90, bought 1,000 SOXL shares at 135.00, bought 1,000 SOXL shares at 132.00, sold 1,000 SOXL shares at 135.00, sold 1,000 SOXL shares at 138.00, bought back 20,000 SQQQ shares at 37.50, sold 20,000 SQQQ shares at 37.90, and bought back 20,000 SQQQ shares at 37.50 -------- QQQ closed at about 715. It may rise into 730s short-term, but expect it to pullback, e.g. into 630s, later this year.

My portfolio is about $10,175,000 including $5,532,900 in cash.

Calls Contracts-Shares Long

TLT 10,000 shares

Puts Contracts-Shares Short

SQQQ 100,000 shares
MSFT Sep 490 2026 40
MSFT Sep 500 2026 10

Portfolio at $100,000 on March 1st, 2018. Portfolio stop loss suspended. Scaled up and adjusted portfolio. Both prior portfolios, since early 2000s, rose initially and substantially, and then failed quickly in “irrational” market “melt-ups," where stocks go straight up month after month.