Monthly Archives: June 2016

A.M. Look 6/23/16

Posted on 06/23/2016

EURO…I’ve been waiting for a confirming close under 111.00 to sell Euro. ​EUR/JPY.. .​ GBP/USD… ​GBP/JPY​…158.69 is weekly resistance. ​Spu/Bonds​…Risk was on during early Wellington and never subsided As a day trader I’d look to fade the entire board for … Continue reading →

Additional Comments 6/23/16

Posted on 06/23/2016

European Banks are up anywhere from 3.5% to over 5% HSBC…needs a close over 33.50 for an ORH Month. DB…needs a close over 18.53 for an ORH Month SAN…needs a close over 5.03 for an ORH Month RBS…needs a close … Continue reading →

Daily Market Intelligence 6/23/16

Posted on 06/22/2016

Daily Market Intelligence 6-23-16

A.M. Look 6/22/16

Posted on 06/22/2016

Welcome to a very big Mid-Week shuffle. The bottom of the pit gap in the 30 Yr. Bonds is 167.04. Traders that are short should use the weakness to lighten up and close out trades before the Brexit vote. Gold … Continue reading →

Daily Market Intelligence 6/22/16

Posted on 06/21/2016

Daily Market Intelligence 6-22-16

Energy

Posted on 06/21/2016

The Energy sector is being bought. FCG…is a Natgas ETF Holding    Percent Anadarko Petroleum Corporation    7.03% EnCana Corporation    6.45% Devon Energy Corporation    6.33% Continental Resources, Inc.    6.21% Concho Resources Inc.    5.81% Noble Energy, Inc.    5.44% Cabot Oil & Gas Corporation    … Continue reading →

Midday Missive

Posted on 06/21/2016

FTSE FTSE…weekly. Need to see some convincing activity over 6200 to confirm another move higher EUFN. . ​What looks good one minute looks terrible the next. JJG…close to throwing in the towel on this. Just happy I left the futures … Continue reading →

A.M. Look 6/21/16

Posted on 06/21/2016

With a Risk On board the wheels are coming off several trades. Yen…is trying to top after retesting 97.00 Futures. Lower yen is typically Risk ON.  GC/EURO ​GC/Swiss Franc.. ​ ​I’m a little surprised that the Oil is not higher. … Continue reading →

EUFN….European Financials

Posted on 06/20/2016

EUFN…19.28 is the 200 DMA My view is to tighten up risk and take 75-80% of the trade off with a breakeven stop on the rest.

A.M. Look 6/20/16

Posted on 06/20/2016

The board went Risk on last night with the latest Brexit Poll. Deutsche Bank is up close to 4% this A.M. EUFN should be a big winner this A.M. DAX…. GBP/USD.. . ​30 Yr. Bonds.. . Gold…1278-80 is near support … Continue reading →