Monthly Archives: December 2010

A.M. Look 12/31/10

Posted on 12/31/2010

Today’s focus is solely on the closes. These are the #’s which we will use to measure 2011. While you’re having that double Bloody, hoping to soothe your aching hangover, all the little technician elves will be up preparing for … Continue reading →

A.M. Look 12/30/10

Posted on 12/30/2010

Our mind is in Holiday mode…and we’ve spent little time at the desk but over the next day or so I’ll write a few thoughts about trading in the New Year.. We originally sold the bulk of our Yen (bought … Continue reading →

A.M. Look 12/29/10

Posted on 12/29/2010

Silver…30.65-69 is the level for the radar screens this a.m. This represents the last high earlier in the month. I fully expect to see the metals remain strong going into the year end close. Euro..We tried to be long yesterday … Continue reading →

Euro

Posted on 12/28/2010

Futures traders..Buy the Euro @ 131.62 Cash traders same price.. We’ll use a 131.30 stop intra day Trade small!

A.M. Look 12/28/10

Posted on 12/28/2010

Euro…This dog put in an outside reversal day to the upside yesterday. This coupled with a monthly double bottom pattern still intact from 129.70 puts this on buy the breaks mode. According to Dr. Nenner this currency bottoms this week … Continue reading →

SSO,BKX,SOXX,Bonds

Posted on 12/22/2010

We have long exposure to the SOXX and BKX indices. These two sectors still look attractive. The risk for any long Soxx is 55 stop close. BKX ( Philly banking index) the true stop is a 49 stop close. The … Continue reading →

A.M. Look 12/22/10

Posted on 12/22/2010

We sold 70% of our TBT position last week covering our 30 yr. bond shorts. I’ts time to start scaling back into this position. Sell the 30 year bonds/ buy the TBT basis a 122 march bond futures print. The … Continue reading →

30 yr. Bonds…TBT

Posted on 12/20/2010

The Dec. Bonds go off the board tomorrow. Some of you asked when I might be looking to sell the 30 yr. Bonds again and re purchase the TBT. We will look Wed. to see if there is a level … Continue reading →

A.M. Look 12/20/10

Posted on 12/20/2010

Today we bring you another episode of Full Moon Trading, with a rare Lunar Eclipse twist.  ( Trend changes can happen) The Euro put in a lower last last night and is attempting to rally. While it trades like a … Continue reading →

Aussie

Posted on 12/17/2010

Let’s take the last piece of the short Aussie off at the market. Time to go into Holiday mode.