Monthly Archives: July 2012

GDX…Pattern Alert!

A close over 42.45 puts in an ORH week. On our previous view we thought that this instrument would go into the high 39’s before finding a trad able low, or at least one where we’d take a look a … Continue reading

A.M. Look 7/27/12

30 yr. Bonds…151.06 is the 18 day Mvg avg and near term support. Euro…123.40 will continue to be a pivotal level. Gold…we are long. The bigger break out is still a little higher on the long term point & figure…a … Continue reading

Heading for the Hills!!!

Time to take a much needed head break. We will not be writing for the rest of this week due to travel constraints. We will get back to a regular schedule Aug 8th. https://www.whitewavetradingstrategies.com/archive/investing-and-the-irrational-mind/

ECA…Trade Alert!

Encana Corp announces earnings tomorrow. My game plan is to take 20% of this trade off to pay for the stop. It’s basically trading unchanged on the day. This is trader’s discretion. We recommend locking in some profit utilizing an … Continue reading

Gold…Trade Alert!

The away trade… We want to Buy Gold on a 1610 stop close! For those of you that wish to lead off, I suggest the September 1610/1640 call spread. As of now you’ll pay $9.80 for the privilege of a 1 … Continue reading

A.M. Look 7/24/12

ECA…put in an ORH day yesterday. This instrument needs closing action over 21.40 to confirm more up. AAPL…Those of you that bought the July 27 calls early yesterday should now have a free look going into today’s earnings. Spu’s & … Continue reading

Reality Check

The Spu’s & Nasd are at my qtrly pivots…1333…2540 After 6 weeks the sky is still falling and we have done nothing in the U.S. markets. AAPL…for the active trader..I’m eyeballing the July 27 calls…This would give you upside with … Continue reading

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A.M. Look 7/23/12

Spu’s…1342 30 Yr. Bonds…153.00+- a few Euro…120.70 EUR/AUD…117.93 is the ORH # EUR/JPY….got within 20 points of it’s projected tgt. Wheat…9.166 is the ORL # General Comments… The #’s above tell one story, it’s the match game. The Bonds are … Continue reading

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