Pro Tips

A.M. Look 3/3/16

Posted on 03/03/2016

Stocks… WFT… is up in pre market. This should trade into the $8 level.   COP…has broken out. This looks good as long as there is no close below 35. PSX…buy any weakness into the 81’s   LNG…despite Natty failing … Continue reading →

Midday Missive

Posted on 03/02/2016

SOXX…led yesterday. 87.65 is the 200DMA INTC…31.28 is the 200DMA Aussie…trading at it’s 200DMA ​Semi’s are getting overbought and into mvg avg resistance. The metals have been strong all A.M. which has been indicative of a Risk off bias. IBB..has … Continue reading →

A.M. Look 3/2/16

Posted on 03/02/2016

Stocks… Nasd 100….4360 is resistance. A retest of 4265 would make for a low risk buy. NFLX…12% since last Wednesday. Anything into 101 is pretty good resistance AMZN…585 is mvg avg resistance and a 50% rally off it’s FEB low. … Continue reading →

Natgas

Posted on 03/01/2016

Natgas is attempting to put in a bottom. You’ll want to see a close over 1.738 risking 1.70.

Midday Missive

Posted on 03/01/2016

30 Yr. Bonds…led and continue to lead. Much below this level could lead to 161.00 ish June. Nasd 100… ORH day..do not fade. Look to buy a 30 handle break Spu/Bonds…are putting in an ORH day into first cloud resistance. … Continue reading →

A.M. Look 3/1/16

Posted on 03/01/2016

Stocks… Spu’s….are a two way time frame trade. Closes below 1929 is needed to break. Bonds.. 30 Yr…164.05 is today’s ORL # in June Bonds. They are weak by remaining below. FX… EURO…108.61 is the 2015 close, matching the .618 … Continue reading →

A.M. Look 2/29/16

Posted on 02/29/2016

Stocks… Spu’s….1931 is un changed on the month. There have been two 10 point rallies since the Asian opening which have been met with selling. Bonds.. 30 yr….(June M) 165.28-165.02 is near resistance and today’s upside pivot. FX… EUR/JPY…is oversold … Continue reading →

A.M. Look 2/26/16

Posted on 02/26/2016

Stocks… Spu’s….both the Nasd & Spu’s have hit their initial upside targets In London. They should back and fill a bit. The question is how much. The low 1940’s in the Spu’s and 4230 ish in the Nasd would provide … Continue reading →

Aussie & CAD/JPY

Posted on 02/25/2016

Aussie Futures AUD/USD…is coming up to it’s 200 DMA. I need to see confirmation from the currencies for a short squeeze in the Equities. CAD/JPY…today’s high was the weekly ORH #. Monitor this level for a possible breakout tonight into … Continue reading →

Midday Missive

Posted on 02/25/2016

Spu’s are starting out like they did on Tuesday with an early ORL 45 minute bar. Ironically from the exact spot..1931. Price action above 1931 Spu’s is needed for upside. Yen Futures have bottomed for now @ 88.60.