Pro Tips

UVXY…Trade Alert!

Posted on 05/14/2015

SELL UVXY @ the Market! This is a closing position. It’s currently trading @ 9.25 I’ve been to the well one too many times with this trade. My timing is off so I’m just going to take it off and … Continue reading →

Midday Missive

Posted on 05/14/2015

The DAX looks to have bottomed for a bit. HEDJ… has rejected yesterday’s negative technical pattern. This should go up and test 65.60 if it’s good. Closing over 66.20 should be considered a resumption of the trend. ​Metals & Miners…​Silver … Continue reading →

A.M. look 5/14/15

Posted on 05/14/2015

Stocks… Trade the specific stocks like FEYE,GILD,ABBV,BMRN & PBYI which have friendly patterns. VIX…14.12-23 is mvg avg and momentum resistance. Sustained price action over should lead to 14.80. Bonds … Bunds…154.16 is the 200 DMA FX… AUD/USD… I’m looking for … Continue reading →

Midday Missive

Posted on 05/13/2015

SIEN…July Silver is @ the 200 DMA @ 17.14 Long term point & Figure shows sustained price action over 17.50 + a few for a longer term up. Gold…1220 is the 200 DMA. Long Term P&F shows 1125 + is … Continue reading →

A.M. Look 5/13/15

Posted on 05/13/2015

Stocks… Spu’s…a couple of closes over 2120, where the resting pattern buy stops are, is needed to re kindle a feeding frenzy in equities. VIX…I’ll look to give this another go in the mid to low 12’s via a long … Continue reading →

UVXY…Trade Alert!

Posted on 05/12/2015

SELL UVXY @ the Market! This is a closing position. It’s currently trading @ 10.60

A.M. Look 5/12/15

Posted on 05/12/2015

Stocks… UVXY…I’m going to Cancel my resting order to Sell @ 10.38. I want to give this some room to work. Price action over 10.50 can see this gain upside momentum. I’ll monitor the price action this A.M. and place … Continue reading →

UVXY…Trade Alert!… W/Midday Missive

Posted on 05/11/2015

Bonds continue to weigh on the Dollar ( Except against the Pound) and the Equities. Treasuries are retesting the pre ECB Thursday A.M. Intervention. Don’t press direction. Bonds are running the spreads against the equity Indices. Levels that are important!!! … Continue reading →

UVXY…Trade Alert!

Posted on 05/11/2015

BUY UVXY @ the Market! It’s currently trading @ 9.64 This is an Opening position with a 5% portfolio weighting.

A.M. look 5/11/15

Posted on 05/11/2015

Stocks… Financials..led by DB,GS & WFC all put in an ORH pattern on Friday. These will be opening range trades. Holding Friday’s close and starting higher is the price action you want to see to hop on board. Agios…ripped higher … Continue reading →