Daily Archives: 05/08/2013

EUR/GBP

Have you missed the EUR/AUD & EUR/JPY EUR/GBP…while this doesn’t presently showthe potential upside of the latter pairs, this could be purchased with a stop @ today’s lows “84.40”. Sustained and closing price action is needed above 84.90 to gain … Continue reading

ANR

We made bou coo dollars in this last year. It’s trying to lift it’s head up off the mat. A close over 7.15 should lead to a test of 7.70-8.00

AGU…Agrium

I like the ORH follow through to the upside on the daily chart. The short term stop is today’s low. the Upside potential is for another 2-3 dollars. Buy on intra-day weakness against today’s low.

30 Yr. Bonds

Look to the 30 yr. to run the board today. Bonds held 146 just missing our downside support by 2 ticks, now they could give you 20-30 ticks back up. 146.29 is resistance. Spu/Bonds…

A.M. Look 5/8/13

Equitiy Indices…There is no change in the downside levels for the Spu’s & Nasd from yesterday. XLV & IYM…Healthcare & Materials look cheap compared to the other sectors I just perused. 47.20 is the trailing stop in XLV for Longs. … Continue reading