Monthly Archives: March 2014

Oil…Position Update

We were just stopped out of our remaining Short in the Oil @ 100.20. We have no current position in Oil. 100.43 is today’s 200 day mvg avg. Today’s mvg avg resistance zone is 100.43-64. Only a close over 101.30 … Continue reading

A.M. Look 3/24/14

Stocks… Spu’s…(M) 1871 will act as resistance. 1857 is the February close, which will act as a short term pivot. Nasd (M)…3691 will be resistance. 3700 is the February close, which will act as a short term pivot. 3615 is … Continue reading

A.M. Look 3/21/14

Stocks… Spu’s…(M) 1874-5 will act as resistance and the upside pivot. Nasd (M)…3700 +- a couple will be resistance and the upside pivot. APM4…ASX 200 Futures need new closing strength as well as sustain over 5360 to start another rally. … Continue reading

GDXJ…Follow Up

I’m using 39.58 for the average buy in. This is the # I will use to mark this position. Plain and simple this was a trade off a technical level. I simply bought this after it held the confluence of … Continue reading

GDXJ…Trade Alert!

BUY GDXJ @ the market. OCO order…Sell @ 41.80 OCO 38.70 stop

A.M. Look 3/20/14

Stocks… Spu’s…(H) show a possible head & shoulders top on the daily chart. A close lower on the year ( below 1841) is needed to confirm the pattern. Nasd (H)…3661 is support and the downside pivot. Once below 3610 ( … Continue reading

Pre Fed or “Where the Hamsters Roam”

LNG…55.34 is the all time high. This level needs to be respected the first time up, however closing above this level will see incremental moves. 57 would be a first good high. There are higher tg’s in the low 60’s. … Continue reading

A.M. Look 3/19/14

Stocks… UA…has the potential to run another 20 dollars into month end as long as there is no close below 119. AAPL…532-534.50 is resistance. AMGN…127.42 is this years high and a potential double top level, however once through 132 is … Continue reading

Midday Missive

GS…170.45 is resistance and the upside closing pivot. MMM…is breaking out to the upside. 135 is next. These have march 28 calls available to trade. EWG…31.00 is resistance and the closing upside pivot. The board looks to be a Risk … Continue reading

A.M. Look 3/18/14

Stocks… Spu/Bonds…have two negative patterns that followed through to the downside, followed by yesterday’s positive formation which is now retesting the breakout. Be very patient to let the board play out today. Bonds 30 Yr. Bonds (H)….135.15 is resistance and … Continue reading