Daily Archives: 05/20/2013

Follow Up TBT…Game Plan

Most of the board is directionally challenged. Simply put a lot of instruments have come a long way and prudent players are pairing back risk in some asset classes going into mid week Fed meeting. There has been a lot … Continue reading

Profit taking Mode…TBT Trade Alert!

XLV…has been a market leader. A close below 48.70 will put much of the board into a defensive posture before this weeks Fed Release. TBT… Sell 50% of your Long TBT @ the market

Midday Missive

We’ve put out some charts so you can see that investors are looking at the beaten up names for Alpha. FXI…China needs a close over 38.40 to start looking up and over 38.70 to get me involved. With China firm the Aussie … Continue reading

A.M. look 5/20/13

USD/JPY…needs under 101.85 “app 98.15 in the June Futures” to see much profit taking. 30 yr. Bonds…sell stops are143.16. The next set of macro sell stops are @ 142. As long as the Bond rallies fail just over 144 we’ll … Continue reading