Daily Archives: 05/15/2013

S&P 500 & Nasd 100 Futures + Trailing Stops

Posted on 05/15/2013

Nasd 100 …2980 is the ORL # today Spu‘s…we would need a close under 1647 for this to be considered as a short term trend change. QQQ…shows a potential double top @ 73.74, however you’d need to see price action … Continue reading →

XLU & XLP Follow Up

Posted on 05/15/2013

XLU…Utilities 40.45 is daily resistance and a good place to take some partial profits and pay for the trade. Closing above 40.70 will lead to a test of the highs. XLP…the trailing stop on this is now a 41 stop … Continue reading →

TBT

Posted on 05/15/2013

Increase weighting to 25% Long

VIX…Trade Alert!

Posted on 05/15/2013

We’re going to trade this via OCO orders ( One cancels the other) SELL 1/2 position in the Vix @ the market SELL 1/2 position in the Vix @ 13.73 OCO…Sell @ 12.70 stop.

TBT…Trade Alert!

Posted on 05/15/2013

The 30 Yr. Futures went right to resistance and the TBT spiked support. I might never get this trade back on in the optimal spot so I am going to buy a 10%position just so I don’t euthanize myself if … Continue reading →

A.M. Look 5/15/13

Posted on 05/15/2013

30 Yr. Bonds…the next set of month sell stops are 142.00 tgting 139, however this instrument is oversold short term with a double bottom @ 143.16 put in overnight. TLT…116.56 is support. Once closing below we‘re looking for 111 Spu’s…need … Continue reading →