Pro Tips

The Late Show

Posted on 04/22/2015

The news that Tesla is getting into industrial & home Solar storage is setting the Solar names on fire. I like the space long term. I’m going to use a tight stop of today’s low for the TAN trade. Let’s … Continue reading →

QLD & TAN….Trade Alerts!

Posted on 04/22/2015

BUY QLD @ the Market! This is a double long Nasd 100 ETF. BUY TAN @ the Market. This ETF is the Solar names

Yen…Trade Alert!

Posted on 04/22/2015

Sell 4 JYAM5 @ the Market I’m leading off on this trade since it hasn’t quite broke out on my momentum indicators. Currency traders should play Follow the Bonds. SPU/Bond is putting in a bottoming pattern and I’ll sell a … Continue reading →

Midday Missive

Posted on 04/22/2015

MYL…72.99 is today’s ORL #! Price action under here will pressure Biotech

A.M. Look 4/22/15

Posted on 04/22/2015

Stocks… Nasd 100…put in a new high last night with China strength. A close under 4402.75 is needed to see some cracks develop in the bull thesis. Midcap 400…151170 is mvg avg support. Only sustained price action and a close … Continue reading →

A.M. Look 4/21/15

Posted on 04/21/2015

Stocks… DXJ…56.87 is this years high with resting buy stops above which should test 57.50-75, the 2014 high. Nasd 100…there is a potential weekly double top @ 4441, however once above do not fade. DAX… A close over 12,070 is … Continue reading →

Midday Missive

Posted on 04/20/2015

FCX…as long as this is above 20.50 I’m looking for a test of 23.50. NOV…love this name. It’s held support. CVX…has one of the better formations of the majors. 113-115 is the next targeted resistance level. EOG…break out over 99.30 … Continue reading →

A.M. Look 4/20/15

Posted on 04/20/2015

Stocks… Spu’s…A close below 2060 is needed for downside. Sustained price action and a close is needed over 2095 for higher. VIX…13.35 is support. Closing below this level is needed for more upside in the Indices. DAX…held the 50 DMA … Continue reading →

Yen Trade Alert!

Posted on 04/17/2015

SELL 2 JYAM @ 4 P.M. EST The Equity Indices are trying to save themselves on the longer term technical model. Yen should be up big if market participants believed in a bigger correction​. Leave the resting stop in the … Continue reading →

Order Update…The late show…With Vips Trade Alert!

Posted on 04/17/2015

As of now we’ll be stopped out of SOXX,FEYE,XLV on the close. VIPS has rallied back, however without a massive short covering rally that needs to start just after 2 CST in the U.S. Indices, I am selling VIPS along … Continue reading →