Day traders delight…..trade the levels I would expect opportunity on both sides of the market today. It’s summer, Friday in the summer, the computers will be in charge after all the homo sapiens head for the exits after London’s close.

It’s all about managing risk today.. If any investor is short copper per last weeks notes take some off to pay for your stop which is still 342 ( u) Euro…we’re coming into the first major fibs for this qtr’s … Continue reading →

130.30 30 yr. bonds is the level to watch for price rejection today. This is the high from the second qtr 2009. Dr. Nenner has much higher tgt’s. You could see a move similar to the one we saw at … Continue reading →

I do not have any great insight today. Short term traders use your technicals and keep it tight. Longer term guys will be waiting for the Fed. Hot town summer in the city! The only traders after 11 cst are … Continue reading →

330-331 in the Sept copper was resistance on the way up.. Those of you who shorted this with a 342 stop need some price action under this level. This will portend even more equity weakness. Usd/cad 102.50-70 is a big … Continue reading →

Take your money!!!!!!! MOO,JJG,MOS,MON, POT

Watch the spread going into the NYC opening. This is a huge zone in the spu 1111 unchanged on the year!! Potential double top in the 30 year bond futures at 129.15 Do not press direction here…let it breathe a … Continue reading →

It’s unemployment Friday and once again I am pulling out my mail gloves and mask. The levels in the bonds and Spu have not changed. You have the potential of a short term double top in the Spu at 1127 … Continue reading →

We’ve just printed the June high in the Spu of 1027.50 All the action is in the grains overnight and this should translate into more follow through in the commodity stocks and commensurate ETF’S. The usd/cad is basically reached it’s … Continue reading →

Of interest today is whether the Spu maintains above 1111 early and rallies or there is price erosion into the 1098-1100 level to fill the weekly gap. Gold…1198-1204 area seems to be the make or break zone..Gold is in a … Continue reading →