Monthly Archives: February 2014

TLT…Trade Alert!

Posted on 02/28/2014

BUY a 5% position @ the Market. This brings the portfolio weighting to 10%. 108.40 is last. There are some chinks showing in some of the high beta stocks. I still think the Indices hang in there until Monday. With … Continue reading →

Pattern Reminder

Posted on 02/28/2014

SPU’s,SSO,Nasd 100,QQQ,QLD,PCLN, ASX 200 Futures,MVV,Midcap 400,XLK,XLV, Are all putting in ORH months. This is a bullish formation. Any one looking to short this formation before Early Monday morning is daft! PG,CB & some of the more mundane names look to … Continue reading →

Euro & Swiss Franc

Posted on 02/28/2014

USD/CHF…88.00 Suisse becomes a significant momentum level on the weekly-semi annual charts. It is a big momentum area. If you take the time to look at an hourly chart, both the Euro & Swiss move started with the opening of … Continue reading →

Midday Missive

Posted on 02/28/2014

Here are 3 names that haven’t taken off yet.

A.M. Look 2/28/14

Posted on 02/28/2014

Stocks… Don’t get caught selling weakness into Month end. Bonds.. 30 yr. Bonds…135.25-136.08 is the big over hanging weekly resistance. Sustained price action above 135.15 next week is needed to change the look of the long term charts. Next Friday … Continue reading →

A.M. Look 2/27/14 W/Oil Trade Alert!

Posted on 02/27/2014

Stocks… DECK…put in an ORL day. 81.85 looks to be the go or no go level. Good above/negative below. TSLA…shows weekly wave counts around 275. AMZN… near support is 355. Resistance starts around 372. 375.50-387 is no mans land for … Continue reading →

TLT…Follow Up

Posted on 02/26/2014

Personally I think this will be another take it in the Shorts moment for the Risk off crowd. A likely scenario is the Indices hold the pattern. I’m not crazy about being short equities into month end.   The Nasd … Continue reading →

TLT…Trade Alert!

Posted on 02/26/2014

BUY the TLT @ the market. WE’LL START WITH A 5% WEIGHTING

Oil…Pro Traders…Stop Update

Posted on 02/26/2014

Use a 30 cent stop if you took the 102.85 short. Buy Oil Inta day @ 103.15 Stop GTC

Midday Missive

Posted on 02/26/2014

Nasd 100… is key. resting sell stops are @ 3668.50. Closing below this level will be price negative and very bullish bonds. TLT…looks headed towards 110 with a confirmation today from the “USAH” 30 yr. Bond Futures over it’s 200 … Continue reading →