Monthly Archives: April 2013

CAT…GOOG…AAPL…TM

Posted on 04/22/2013

CAT…is attempting an ORH day. As long as this holds 82 on the breaks we’re looking for a test of 84.75 and then 86.30. GOOG…breaks out on the weekly charts with a close above 803. The risk on any long … Continue reading →

30 Yr. Bonds

Posted on 04/22/2013

148.14-16 is the daily ORH level. This level will run the next wiggle in the SPU/BOND spread. Today’s low was again the 200 day Mvg avg in the 30 Yr. The failure at resistance in the Oil will contribute to … Continue reading →

OIL

Posted on 04/22/2013

FYI…May (K) expires today.. We’re In June (M)!

A.M. Look 4/22/13

Posted on 04/22/2013

30 yr. Bonds…a close above 148.10 is needed for any attempt higher. 147.12 is Point & Figure support. Spu’s…1563 +- a couple is the qtrly pivot and short-term resistance. Nasd 100…2793 is the near resistance. 2800-10 remains our macro qtrly … Continue reading →

BRKA_-_Berkshire_Hathaway_Inc_ClsA_Daily.gif

Posted on 04/19/2013

This was a big hold on the low today. We’re now at resistance. All new sustained strength is needed over this level for higher. Time Frame Trading.

IBM

Posted on 04/19/2013

The next set of resting sell stops are 190.40, however I doubt you’ll see much more damage below this today. 184 is the best risk/reward level on a monthly chart to initiate new longs. If this is going to hold, … Continue reading →

IBM

Posted on 04/19/2013

197-198 will be a pivotal level. Watch for general market tone after the opening.

A.M. Look 4/19/13

Posted on 04/19/2013

Vix…1820 is weekly resistance. 1542 is the 200 day and should bounce. 1462 is the lowest risk buy zone ( where you can sell the Spu’s the first time down) and make money. Spu’s…buy stops are 1553.50 leading to 1558-62 … Continue reading →

Spu’s…Options Update…Trade Alert!

Posted on 04/18/2013

We’re Long the April 1530’s expiring tomorrow. We’re going to turn this into a Put spread by Selling the 1515 April Puts expiring tomorrow @ 310 or better.

IBB_-_iShares_NASDAQ_Biotechnology_Index_Fd_Daily.gif

Posted on 04/18/2013

Caution is advised…this is the second time this month we’ve seen this pattern only to reverse back higher.