Monthly Archives: April 2013

Spu’s Trade Alert! Punt of the week.

Posted on 04/18/2013

We’re Buying the April 1530 Puts, which expire tomorrow, for 380.

GOOG

Posted on 04/18/2013

Resting sell stops are below 768.40. This is a big weekly closing level. Since this level is the weekly ORL #, price action here will be difficult. Meaning, it can run the stops and come right back up, however maintaining … Continue reading →

Goldman Sachs

Posted on 04/18/2013

Keep your eyes on the Vampire Squid. This just put in a “lower low” to nowhere and is reversing. Price action above 142 screws all the shorts again. 142 will be a pivotal level for both GS and the Indices

Europe

Posted on 04/18/2013

Euro Stoxx 50…is following a different swing than the U.S. Indices, nevertheless today‘s low will take some work to get through. DAX…today’s low is good enough to hold for now. A good close below 7370 is needed to start a … Continue reading →

ENQM3_-_E-mini_NASDAQ_100_Jun_13_Weekly.gif

Posted on 04/18/2013

2737 is the channel line from the bottom of the Nov. 2012 low for this current rally. Closing below this level will be a catalyst for jettisoning Equities.

Spu’s & Nasd 100

Posted on 04/18/2013

We’re looking at another opening range trade to the downside. Only price action over 1554 will hurt the shorts. The lower levels are static. Under the 1533 stops the high teens will be next. Nasd 100…there are 2757 resting weekly … Continue reading →

A.M. Look 4/18/21

Posted on 04/18/2013

Oil…May (K) expires Monday, June (M) will be come the new front month. The June’s are trading app 30 cents over the May. AUD/JPY…needs a close under 99.85 for Risk Off and over 102.10 for Risk On. General Comments or … Continue reading →

Brent…Oil ETF’s

Posted on 04/17/2013

98.00 Brent is the critical hold and pivot level running the oil complex. DIG & XLE… went far enough for now.

Time Frame Trading

Posted on 04/17/2013

This capital flow can ebb in the next 20 minutes. Pressing direction at these levels is not wise. XLF…@ 18 is right on the 50 day mvg avg. Spu’s…1537-39 can trap directional players. Sell stops are @ 1533.75.

Goldman…AAPL

Posted on 04/17/2013

GS…just elected the weekly stops below 141.78. The next set of stops are below 140.34. Look for a test of 138.20 if we don’t recover above 142 today. AAPL…has finally failed below 419. Failure to regain traction above the level … Continue reading →