Monthly Archives: July 2014

Hiatus

Posted on 07/31/2014

I’m traveling tonight through next Wednesday. There will not be any research or Webinars until next Thursday. In case you haven’t noticed, every time I head to O’hare the markets implode. TBT Calls…after reaching over 100 this A.M. they’re quickly … Continue reading →

Midday Missive

Posted on 07/31/2014

The Italian 10 yr. Bond…. FBTPU4, which signaled the low in rates yesterday for all the major Bond markets, put in an ORL day and looks vulnerable to another 100 point drop with sustained price action below 127.45. Spu’s…put in … Continue reading →

A.M. Look 7/31/14

Posted on 07/31/2014

Stocks… GPRO,TSLA,EXPELNKD,TMC,XOM & COP will report earnings today. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for confirmation of a high. Bonds have to keep rejecting this level on rallies which is the weekly ORL #. … Continue reading →

TBT…Call Reminder!!!!!!

Posted on 07/30/2014

Don’t wait for an engraved invitation. We’re very close to the strike in the TBT! You need to scale out ( take profit on 60-70 %) of this trade Before the Fed announcement in 50 minutes!The game plan is to … Continue reading →

TBT Call Trade Alert!

Posted on 07/30/2014

SELL 70% of your Long AUG 1 59.50 TBT callsOn a 59.50 print in the TBT…this is a situational trade. Good until canceled. I want to lock in 70 % of the trade as the TBT approaches or trades @ … Continue reading →

A.M. Look 7/30/14

Posted on 07/30/2014

Stocks… Nasd 100…3926 is daily support. Spu’s…holding 1958 keeps this Index on positive footing. A significant violation could see prices go into the low 1930’s. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for confirmation of … Continue reading →

30 Yr. Bonds & USD/JPY

Posted on 07/29/2014

I’ve attached the 30 yr. Bond chart so you can get a sense of the pattern and the important levels. 140.15 has been the tgt zone for months. For the Bonds to top I would expect to see a spike … Continue reading →

A.M. Look 7/29/14

Posted on 07/29/2014

Stocks… ABX…breaks out to the upside over 18.80. FCX…gains upside momentum over 38.50. MELI…​strengthens with a close over 92, which then gives it potential to reach 100. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for … Continue reading →

TBT…Trade Alert!

Posted on 07/28/2014

BUY TBT AUG 1 59.50 Call @ 29 cents. 59.50 is the next resistance level. These Calls expire Friday which takes you through the unemployment release. If the trade is right, this options strike will give you the most bang … Continue reading →

Midday Missive

Posted on 07/28/2014

CAT…the macro sell stops are @ 102 which is also Thursday’s (month end) ORL pattern hold #. DIG & XLE look vulnerable to a bigger sell off. Dig could retest the 50 DMA @ 84.70 ( 98 XLE). Oil…would need … Continue reading →