Monthly Archives: September 2013

Midday Missive

Posted on 09/30/2013

Soybeans…macro sell stops are 12.71. It’s doubtful you’d see any price action under 12.40-50, which is qtrly support. Closing under that level later in the week would be Bearish. The Beans are putting in an ORL qtr with a close … Continue reading →

A.M. Look 9/30/13

Posted on 09/30/2013

Stocks.. Spu’s…1664.50 is Fib support. Closing below this level will lead to a deeper correction. Weekly sell stops rest @ 1653.50. Spu/Bonds…is trading again under the 50 day, which will make me very patient to put on Risk. VIX…There are … Continue reading →

Midday Missive

Posted on 09/27/2013

VIX…15.16 is closing resistance. The low of the day was close to the 200 day again. Day traders should be using the the Vix for the tool that it is. At resistance you should be taking profits on shorts or … Continue reading →

A.M. Look 9/27/13

Posted on 09/27/2013

Stocks.. Spu‘s…1682.50-1683.50 is support and the downside pivot. Nasd 100…needs a close over 3240 for higher. DAX…8665-80 will be the pivot Bonds30 yr. Bonds…132.15 -18 is the support zone.Bund…by holding above 140 this has the potential for another 200 hundred … Continue reading →

A.M. Look 9/26/13

Posted on 09/26/2013

Stocks.. TLT…two closes over 107.85 resistance will lead to a test of 113. JPM…50.25 remains support. A close above 52 is needed for more upside. Nikkei…14,400 is support and the closing downside pivot. Bonds 30 yr. Bonds…133.31-134.04 is next resistance. … Continue reading →

Euro…Pattern Alert!

Posted on 09/25/2013

Euro is running the currency crosses. Maintaining and closing over 135.20 ( today’s ORH #) is price positive. Today’s low was a retest of the monthly breakout # of 134.52. By remaining over 135.20 this tgt’s 136.00. 137.00 is monthly … Continue reading →

Midday Missive

Posted on 09/25/2013

AAPL…472-478 is the support zone. LNG…has been a favorite on breaks all year. Buy any big pullback. This should maintain above 31 for the foreseeable future.We’re expecting at least a test of the old high of 33.83. Very long term … Continue reading →

A.M. Look 9/25/13

Posted on 09/25/2013

Stocks.. Spu’s…1682.50 is the final hold #. Bonds Bunds… are into weekly resistance around 140. 30 yr.…133.11-15 is resistance and the upside pivot. FX… Kiwi…8160-70 is support AUD/JPY…91.50 is support Commodities… General Comments orValuable Insight Pay attention to the opening … Continue reading →

A.M. Look 9/25/13

Posted on 09/25/2013

Stocks.. Spu’s…1682.50 is the final hold #. Bonds Bunds… are into weekly resistance around 140. 30 yr.…133.11-15 is resistance and the upside pivot. FX… Kiwi…8160-70 is support AUD/JPY…91.50 is support Commodities… General Comments or Valuable Insight Pay attention to the … Continue reading →

A.M. Look 9/24/13

Posted on 09/24/2013

Stocks.. GDX…Look to have more room on the downside than the GDXJ. GOOG… 875-77 should bounce the first time down on a short term chart. GS…163.50 should bounce the first time down. JPM…needs to hold above 50.25 close to avoid … Continue reading →