Pro Tips

A.M. Look 6/19/15

Stocks… Spu’s…(U) 2126 will act as resistance and the upside pivot. Euro Stoxx & Dax both put in ORH days and are following through to the upside. European Index Futures and options expire today. FTSE…is trading oversold. 67.20 is the … Continue reading

Midday Missive

From the lower end back to the upper end of the trading range. From the spreads, this is price action that should not be faded into today’s close. AGN..has the lowest risk profile of the major Pharma names today. 303 … Continue reading

A.M. Look 6/18/15

Stocks… GLNG…51 is the near term resistance and the upside momentum #. The pattern remains positive as long as this maintains closes above 49. Bonds … 30 Yr. Bond…(M) June needs to press and sustain above 153.05 resistance for higher. … Continue reading

AUD/NZD…NZD/USD

https://www.youtube.com/watch?v=Gd8csUU3SVg

A.M. Look 6/17/15

Stocks… Bonds … 30 Yr. Bond…(M) June needs to press and sustain above 153.05 resistance for higher. App. 151.24 in Sept. depending upon which chart you follow. Bund…152.21 is mvg avg. resistance. Only closing over this level will lead to … Continue reading

TBT

I’m only toying with one bet going into tomorrow’s Fed meeting, which is buying the 50 or the 51 June 19 Calls for Friday expiration. I’d like to see one more flush in the TBT to near the 200 DMA … Continue reading

Shanghai Composite

A.M. Look 6/16/15

Stocks… Nasd 100… 4400 +- a couple is support ( last weeks low). Bonds … 30 Yr. Bond…(M) June needs to press and sustain above 153.05 resistance for higher. App. 151.24 in Sept. depending upon which chart you follow. Bund…152.21, … Continue reading

Midday Missive

I like the early lows in the Equity Indices. You still need to stick with the names that are not interest rate sensitive through the Fed. Cyber security names CYBR,FEYE,SWKS all held. AVGO, GLNG, RHT, & GWPH are trad-able against … Continue reading

SHCOMP