Monthly Archives: January 2013

A.M. Look 1/10/13

Posted on 01/10/2013

Oil…94.56-80 is resistance. 95.25 ish is next. Only a couple of closes over this level will confirm more up. Aussie Futures…105.33-44 is resistance with this being a pivotal level for more upside. AUD/USD…105.87 was the Dec. high. We need to … Continue reading →

JJG…ETN

Posted on 01/09/2013

 The grain names have wood. We like this between 48-49, however this ETN has a nasty habit of leaving us at the altar. Closing back above 53 is positive.

PBR…Petrobas

Posted on 01/09/2013

For those of you that wish to play the upside in the oil as well as Brazil, Petrobas has a trad able pattern with a tight stop.

EWZ….Brazil Trade Alert!

Posted on 01/09/2013

I like yesterday’s low in EWZ @ 55.90 for risk management. Buy EWZ @ your discretion. We’ll be using a 56.05 stop close for now.

ANR

Posted on 01/09/2013

ANR is up 10% since we bought on 1/3/12. Intermediate resistance comes in today from 10.75 to 10.90 Sell 25% out at your discretion and pay for the trade.

A.M. Look 1/9/13

Posted on 01/09/2013

Spu’s…sell stops below 1444. Then the levels are in 10 point increments. Bulls will be looking to buy 1434-25. Nasd 100…2682 down to the 200 day @ 2667 is the buy zone and the exit zone for any shorts the … Continue reading →

QID

Posted on 01/08/2013

Those of you looking for a risk off trade, the QID has a definable stop. Buy this double short NASD looking for a dollar trade with a stop just below today’s low of 28.05

A.M. Look 1/8/13

Posted on 01/08/2013

Oil…93.87 was the last high in Crude. Monitor the level for possible price rejection the first time up. By maintaining above 92.75 this has a destiny with higher prices. The next set of macro stops are between 94.50-60 with mvg … Continue reading →

XLV…Healthcare

Posted on 01/07/2013

This is a good place for those that wish Risk exposure to look. Both the daily and the weekly charts have room to the upside. Any trades should be tightly managed against 40.

A.M. Look 1/7/13

Posted on 01/07/2013

30 yr. Bonds…. 145.31-146.09 being the rejection zone the first time up. TBT…65.08 is the 200 day. 64.68 is where the trailing stops are with 64.57 the first fib zone. This looks attractive around 64.60-70 for a bounce. NASD 100…2682 … Continue reading →