Pro Tips

Natgas

Posted on 12/17/2015

This is the most oversold instrument I’ve seen in years with rsi’s in the single digits all the way out to the annual maps. January Natgas expires December 29th. Just worth keeping on your radar going into year end for … Continue reading →

A.M. Look 12/17/15

Posted on 12/17/2015

Stocks… Spy…breaks out on a weekly above 209.25 close. BUD…127.50-90 is resistance. Closes over this area is needed for more strength into year end. FB…106.91 is this week’s ORH # NFLX…sustaining above 122.50 leaves way for 124.35, the next momentum … Continue reading →

Midday Missive

Posted on 12/16/2015

I’m fundamentally friendly to the dollar going into a rate rising cycle, however I don’t have the stones to trade the futures outright given the potential volatility this afternoon. Risking big figures in the currencies is not my style. The … Continue reading →

A.M. Look 12/16/15

Posted on 12/16/2015

Stocks… Spu’s…are unchanged on the year. 2069 is closing resistance and the next upside momentum #. SPY…207.30 is resistance. 203 would be a low risk buy. DAX…10,580 is resistance and the closing upside pivot.IBB…needs a sustained price action and a … Continue reading →

A.M. Look 12/15/15

Posted on 12/15/2015

Stocks… All the indices went green last night. Spu’s…(H) resistance starts at 2038 ( the major mvg averages) on up. COP,XOM & XLE…all show buy signals. BUD…shows a buy signal. Mvg avg support is 120.55-119.93 (your downside risk to own). … Continue reading →

Buy Signals

Posted on 12/14/2015

Midday Missive

Posted on 12/14/2015

The Long Dollar crowd was liquidated this A.M. Euro was trading just above it’s 200 DMA @ 110.33 Cash ( 110.61 H Futures) Hard to pick a high unless you try and line it up with timing later in the … Continue reading →

A.M. Look 12/14/15

Posted on 12/14/2015

Stocks… The big cap momentum names have put in topping patterns which we didn’t see in the earlier year sell offs. AMZN…sell stops are @ 620 with 612 being first support. Bonds… 30 Yr. Bonds…156.02, old resistance, is now support … Continue reading →

Midday Missive

Posted on 12/11/2015

The Indices have absorbed a lot of selling this A.M. It will be up to the U.S. to put on a late day rally to save some of the patterns. You’d need to see the selling abate in the next … Continue reading →

A.M. Look 12/11/15

Posted on 12/11/2015

Stocks… Spu’s..(Z) 2049 will become resistance. The low 30’s can trap new shorts. Nikkei…(H) closing under 18.950 is negative. DAX…(Z) needs back above 10,482 close to keep from sliding further. AMZN…646 is the must hold level going forward. IBB…needs to … Continue reading →