Pro Tips

Gold

Posted on 03/10/2016

1265.70 is today’s ORH # This will be the new 50 yard line for the rest of the day.

A.M. Look 3/10/16

Posted on 03/10/2016

Stocks… Spu’s…2014 is today’s 200DMA right at the bottom of the pit gap from 1/4/16. Nasd 100…weakens under 4265. Resistance is 4360 & 4420 the 200DMA   ASX 200…looks to retry 5270 as long as5127 holds on a closing basis. … Continue reading →

Midday Missive

Posted on 03/09/2016

VIX… is trading above the mvg  200 DMA as all the long commodity trades are being unwound. Gold….has to hold the 1245 level to remain viable. OIL..inventory #’s in 30 minutes will be telling. Failure to hold a break into … Continue reading →

A.M. Look 3/9/16

Posted on 03/09/2016

Stocks… Spu/Bonds…held it’s 50 DMA which lines up with 3/1/16 Spu close of 1977.90. Bonds.. 30 yr….162.14-15 is support and the daily gap from yesterday. FX… Euro…short Euro/Long every other currency with the exception of the Suisse Euro weakens further … Continue reading →

Midday Missive

Posted on 03/08/2016

Yen Futures..are initially rejecting the bottom of the pit gap @ 89.96. Just know that this is a # that can turn instruments. As long as the Spu’s keep failing @ 1986-7 Yen can get into the gap.

A.M. Look 3/8/16

Posted on 03/08/2016

Stocks… IYM…72.35 is the 200 DMA XLY…is struggling at it’s 200DMA   Bonds.. 30 Yr….164.05 +- a couple. Bund ( March) expires today along with the rest of the European debt instruments. Bund (M).. FX… Euro…is currently stuck in a … Continue reading →

Midday Missive

Posted on 03/07/2016

Resource names are still going. LNG,GLNG,DVN,GPOR & CBI in Natgas Infrastructure. IBB is attempting an ORH day. This sector is not overbought. The risk to own this sector is today’s lows. ILMN,GILD, BIIB,SRPT,ICPT & GSK are attempting ORH days. The … Continue reading →

A.M. Look 3/7/16

Posted on 03/07/2016

Stocks… Spu’s…we’re into back and fill mode. Closing under 1987 puts the index back on the defensive. Nasd 100…needs a close over 4360 for upside.   WDAY…is emblematic of many hot names. They’ve had huge runs to their respective 200 … Continue reading →

A.M. Look 3/4/16

Posted on 03/04/2016

Stocks… Spu’s…2016-18 is the level for shorts to give it a go. Equity Indices would be extremely overbought right into the gap and the 200DMA just shy of unchanged on the year. Nasd 100…4424.70 is today’s 200 DMA.   DAX…9850 … Continue reading →

Midday Missive

Posted on 03/03/2016

It’s all the commodity based & Energy names that are ripping.. FANG..is running out of steam and so is healthcare The Oil took forever to set up and go today. Energy names were firm all A.M. NEM…looks like it want … Continue reading →