You can see that the risk of these three positions in the portfolio is rather low at 0.19%, even if the max drawdown is much higher (although GDX and Oil are supposed to move in opposite directions as a function of the US$.)
The trade ideas for today are below.
The GCO Short idea has been posted here:
http://www.effectivevolume.com/showt...8506-Short-GCO
The ADM Long ideas has been posted here:
http://www.effectivevolume.com/showt...p?8507-Buy-ADM
Below is a new short idea: COH, on a breakdown below support, but on strong volume.
COH (Apparel) is in a long-term downtrend and about to collapse.
The Supply Analysis tells us that it is close to the Lower Boundary, and that a fall below will be fatal.
The ideal holding period is 6 days, but if it fails, holding for a longer period could work well.