Pro Tips

Midday Missive

I’m out of step and out of dimes. The matches in the Yen, OIL & Euro highs coupled with the Lows in most of the big financials at their respective 200 DMA’s makes me think we’ve seen the lows. IBB…held … Continue reading

ESM5… Closing Trade Alert!

Closing Trade! SELL 2 EPM 5 @ the Market!

Spu…Trade Alert!

BUY 2 EPM5 @ the Market!

TLT…Trade Alert!

SELL TLT On the Opening This is a closing trade! I’ll take the 1% hit. I’m not fighting the pattern. My internet service is going up and down like a yoyo…thanks Comcast!

A.M. Look 3/26/15

Stocks… Spu’s..did the first swing and more yesterday all before London closed. 2033 is first support, however if below look for a test of the 200 DMA @ 2006. Nasd 100… 4261-65 is support. This is a cover zone the … Continue reading

Midday Missive

The Yellen rally is gone, we’ve just tested the FOMC lows, a place the Indices have to hold. Nasd 100…4335.75 is the next set of sell stops. The FOMC low. Both the Nasd 100 & Spu’s need to hold these … Continue reading

A.M. Look 3/25/15

Stocks… Spu’s..sustained price action under 2085 is needed for another 20 points of downside to test mid 2060’s. Bonds … 30 Yr. Bonds…163.15 will act as the short term pivot.10 Yr. Bonds…the risk to be long the Ten yr. is … Continue reading

TLT…Trade Alert!

BUY TLT @ the Market! This is an opening position.

Midday Missive

Nasd 100 Futures need to show weakness below 4430 to think Biotech is going to give it up before qtr. end. IBB & BIB, MDVN,CELG can be bought with tight stops below today’s low. GOOGL…after pushing the trade because I … Continue reading

A.M. Look 3/24/15

Stocks… DAX …remains firm over 11,900. Nikkei…June needs price action under 19,500 to show any signs of profit taking going into the end of the qtr. BPT…breaks out over 56.65 Bonds … Bonds…163.15 will act as the short term pivot … Continue reading