Monthly Archives: October 2014

A.M. Look 10/31/14

Stocks… Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. SPU’s…put in an ORH day yesterday. Closes over 2022 start another … Continue reading

Midday Missive

It shouldn’t be a surprise that health care related names are keeping the Indices buoyant. 126.30 might be all we see for a rally in Euro. We’ll leave our order working until the end of the day, when we’ll decide … Continue reading

Euro…Trade Alert!

Sell 4 EURO (EU6Z) @ 126.75

A.M. Look 10/30/14

Stocks… Spu’s…price action under 1960 support is needed to unnerve the Bulls. Nasd 100…4074 should be used for early market tone. 4103 is resistance. Closes over 4120 are needed to start a whole new Bull leg higher into year end. … Continue reading

The Late Show

SPU’s …need back over 1974-6 for price recovery today. 30 Yr. Bonds… went into support. So far both the Nasd 100 & S&P 500 did not get low enough for longer term pattern damage. The last 30 minutes of trading … Continue reading

Midday Missive

All the bears think today into tomorrow is the high for another swan dive. I’m not in that camp. The Equity indices will be about how and where they hold on a pullback today into tomorrow, for I doubt you’ll … Continue reading

A.M. Look 10/29/14

Stocks… DAX…A close above 9110 should be treated as an upside break out. XLE…looks positive. DIG…has been lagging XLE. Sustained price action and a close over 65.00 is an upside breakout. Look to play these ETF’s form the long side … Continue reading

Midday Missive

TWTR…tweeters can buy Twitter with a stop below today’s low to see how far it can rally. 44.70 is first resistance. IBB…299 is the first upside swing count off the monthly ORH pattern currently in play. TWX…a close today above … Continue reading

Euro…Position Update!

We were just stopped out of our short EURO position @ 127.43 for a 16 tick loss.We currently have no currency positions. I took a 15 tick risk off a level (127.31) which I thought could potentially see a 2-300 … Continue reading

Corn Futures…Trade Alert!

BUY 4 CZ @ 3.61 GTC We’re placing a resting Buy order for Corn Futures just above the monthly ORH break out #. 4 Futures contracts will give you an app 10% portfolio weighting on a notional 100K account.