Monthly Archives: June 2013

Gold…The Answer is yes!

Posted on 06/27/2013

Everybody keeps asking me the same question. Yes! I am watching it. Today some Wall street firms put out a buy on the Miners and Gold. That was 40 dollars higher and yes I’m looking for a Short Term blow … Continue reading →

Midday Missive

Posted on 06/27/2013

Natgas…is looking unhealthy. This is attempting an ORL day. What is most bearish about the formation is the sustained price action under the 200 day mvg avg @ 3.656. 3.71 becomes my macro upside pivot. We’re looking for this to … Continue reading →

A.M. Look 6/27/13

Posted on 06/27/2013

Stocks.. Spu’s…resistance starts around 1619 with the mid to high 20’s possible over the next 2 days on an overshoot.. Bonds… 30 Yr….has been holding the breaks. Look for full point moves. 136.00 +- a few is first resistance. 134.00 … Continue reading →

Gold…Miners…Equity Indices

Posted on 06/26/2013

Gold has shown lots of volatility. June (M) Gold expires today. July (N) is now the front month. While there is not any trade location I can sink my teeth into in the Futures, I like the metals ETF’s as … Continue reading →

A.M. Look 6/26/13

Posted on 06/26/2013

Stocks.. Lots of markets are oversold and are experiencing mid week bounces. Brazil ( EWZ) being one of many. Spu’s…1592.25 was April’s close. This will become a pivotal war zone over the next 2 days. Bonds… No change FX… Euro…129.90-130 … Continue reading →

Midday Missive

Posted on 06/25/2013

The Transports are attempting a hold. A rally to 110 would not be surprising over the next 2 days. The whole board is trading off the 30 Yr. Bond Futures. A new low in today’s day session would be suspect. … Continue reading →

A.M. Look 6/25/13

Posted on 06/25/2013

Stocks.. No change…Spu’s & Nasd have given me all the expected price action I’ve been waiting to see going into qtr end. (They’ve both hit all my # sets) Range trading should prevail. Bonds… 30 yr. Bonds…136.06 + a couple … Continue reading →

Risk On?

Posted on 06/24/2013

A lot of you guys are bottom fishing. I think you are better off mindlessly trading the levels and Time Frames. You’ll need a close today below 18.25 in the cash Vix to line up with a temporary low in … Continue reading →

A.M. Look 6/24/13

Posted on 06/24/2013

Stocks.. Spu’s…the Sept Futures will need to close over 1590.50 to hold up Macro support and next tgt. is 1562 followed by 1532, levels that will not change. Nasd 100…2888 is closing resistance. 2800-05 is the next tgt & support. … Continue reading →

A.M. Look 6/21/13

Posted on 06/21/2013

Stocks.. Spu’s…the Sept Futures will need to close tomorrow over 1597 to hold up on the weekly charts. This needs a close over 1614.50 for higher Nasd 100…2888 is the weekly #. This needs to sustain over 3000 for higher … Continue reading →