Pro Tips

A.M. Look 5/8/15

Posted on 05/08/2015

Stocks… Spu’s…I doubt it can get back into the 60’s again. Only a close below yesterday’s low changes the bigger pattern. Bonds … 30 Yr. Bonds… 157.19 was last week’s close (1st natural resistance) I’d need to see sustained price … Continue reading →

Midday Missive

Posted on 05/07/2015

Bond buying is the theme of the past few hours. It’s pretty evident that the ECB stepped in to generate that type of price action and those types of reversals. No..they don’t have me on speed dial to tell me … Continue reading →

A.M. Look 5/7/15

Posted on 05/07/2015

Stocks… Spu’s…sustained price action and closing 2054 should lead to a running of of the 2033 pattern sell stops and a test of the 200 DMA 2025-22 Bonds … 30 Yr. Bonds… we got the print @ 153.11 last night. … Continue reading →

The Late Show

Posted on 05/06/2015

The match game…. 153.11, the 2012 high in the 30 yr. Futures, Fills the gap on the continuation chart. This also sets up with the TBT @ 49, it’s 200 DMA. This is an exit zone the first time in … Continue reading →

A.M. Look 5/6/15

Posted on 05/06/2015

Stocks… GEVA…is today’s big winner. Biotech lottery is in full swing. Spu’s… seem stuck between 2065 & 2095. I’m not looking for follow through trade. Bonds … Bunds…155.74 is the key feature. Maintaining and closing below this level would mark … Continue reading →

The Late Show

Posted on 05/05/2015

DAX & Euro Stoxx have the most abysmal chart patterns with ORL’s. SAP…needs to hold 74.15 on a closing basis to help out Europe. As of now it’s showing a 6 day Island top. A 75.47 print is needed over … Continue reading →

Midday Missive…W/ USO Trade Alert!

Posted on 05/05/2015

WFT, SLB, & COP are my favorites today. AUD/JPY should try and print close to it’s 200 DMA with energy & metals strength. DIG…is going to try and trade to 62.40 ish. I’m not backing off my view that Oil … Continue reading →

A.M. Look 5/5/15

Posted on 05/05/2015

Stocks… Equity Indices will be all about the mid-week shuffle. They’ve tried up early week. We need to see where they hold late week. Bonds … Bunds…155.74 is the key feature. Maintaining and closing below this level would mark the … Continue reading →

A.M. Look 5/4/15

Posted on 05/04/2015

Stocks… Nikkei…19,400 will continue to act as support and the closing downside pivot. Nasd 100…needs price action over 4471 to rally. 4430 ‘s is initial support. IYT…had a big Friday rally. I need to see sustained price action over 157 … Continue reading →

Midday Missive

Posted on 05/01/2015

Follow the Bonds. Yields up (futures down)= weak Gold & strong dollar. Yen is attempting a downside break out months in the making