Monthly Archives: December 2013

Metals Traders

Gold…has put in a potential bottom based off the qtrly charts by retesting 1180, our long time downside tgt. Silver…has not done the same swing but today’s final puke by the Longs before year end has retested last qtr’s low … Continue reading

A.M. Look 12/31/13

There is nothing left to say but thank you for a terrific year. I wish everyone good health and prosperity in 2014. I’ll be seeking respite from the cold compiling my 1st qtr 2014 outlook. Have a safe and happy … Continue reading

A.M. Look 12/30/13

Stocks..   Spu’s…a close below 1800 is needed for any real profit taking to ensue. SSO…98 lines up fairly well with the S&P 500 level. Nasd 100…would need a close below 3485 to do any damage to the uptrend. Nikkei … Continue reading

30 Yr. Futures…Position Update

We just got filled buying the last of our short futures @ 128.03. Make sure to cancel your trailing stop order.

A.M. Look 12/27/13

Stocks..   AMZN…looks to have more to go on the upside, possibly as high as 420. This is another momentum instrument that can close on or close to it’s highs for the year. It’s up 25% this qtr alone. Prudence … Continue reading

A.M. Look 12/26/13

Stocks..   DXJ…this ETF is starting to trade like the UNG ( Natgas ETF) with the price action on Tuesday. Readers know that I’m not a fan of the Natty Etf’s and I’m becoming sanguine about this instrument as well. … Continue reading

A.M. Look 12/24/13

We wish our readers a most Happy Xmas.  Enjoy your time with family and friends. General Comments orValuable Insight Short Term View…  Keep trading to make money. The opportunity will be in individual names.  Less is more this time of … Continue reading

DXJ…Trade Alert!

BUY DXJ Jan 14 52 Calls. This gives you a Long Japan exposure through U.S. Unemployment data release January 10th I’m showing a 40 bid @ 45 Offer market. Place an order to buy mid market. I would pay up … Continue reading

Dec 27 540 AAPL Calls

If you don’t plan on taking delivery of these, take advantage of the A.M. pop to sell these as best you can. They expire in a couple of days. We’ll remain long the Stock with a 518 stop.

30 Yr. Bond Trade Alert!

BUY the Short USH (30 yr. Bond Futures) @ 130.11 Stop GTC! We have a free look at this trade. We’re not going to turn this into a loser this time of the year. The high in the bonds last … Continue reading