Pro Tips

FXI…Trade Alert!

Posted on 03/23/2015

SELL 40 FXI 44 3/27/15 Calls MOC This is a closing trade. I want to recapture as much premium as I can at this point. Good idea/ wrong ETF. SHCOMP & ASHS is ripping and this Etf is sucking for … Continue reading →

Midday Missive

Posted on 03/23/2015

IBB…356 is mvg avg support. A close below this level is needed for more downside. Copper…put in an ORH week. 2.95 is resistance and the qtrly pivot level for the past few years. GDXJ…the Junior miners look like they can … Continue reading →

A.M. Look 3/23/15

Posted on 03/23/2015

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. RIG…needs new price action over 15.40 for higher. TRN…Trinity has had a nice run. … Continue reading →

FXI…Trade Alert!

Posted on 03/20/2015

BUY 40 FXI 44 3/27/15 Calls These are trading app .32 X 33 cents China has had a big move both ways this month. This bet is that it closes higher on the month.

VGK…Trade Alert!

Posted on 03/20/2015

This is an un hedged European ETF which looks like it can close above it’s 200 DMA today. BUY 30 56 4/17/15 Calls @ .50 cents.Place the order Mid market, I want to get these bought. For those of you … Continue reading →

Midday Missive

Posted on 03/20/2015

ZTS…is breaking out to the upside as long as this holds 47.40, look for a run to 49.00. Crude…I wouldn’t chase the rally into today’s highs which is mvg average resistance. DIG & XLE show the same pattern as OIL. … Continue reading →

A.M. Look 3/20/15

Posted on 03/20/2015

Stocks… March DAX & Euro Stoxx expire today. Look for continued strength. Biotech lottery…the Bots take hold of these early. If you’ve an interest in a name you need to be on it in the first few minutes of trade. … Continue reading →

A.M. Look 3/19/15

Posted on 03/19/2015

Stocks… Pharma… PFE…put in an ORH day. I like the pattern. If this starts up today it’s a low risk buy for those of you who’d like a tamer healthcare name. ILMN,MRK & SYK…put these in the opening range trading … Continue reading →

ZTS…Zoetis

Posted on 03/18/2015

This was a big early hold. If this remains firm after the fed press conference this afternoon it can catch a bid. We caught this once last month closing out longs right at this level. Keep it on your radar … Continue reading →

A.M. Look 3/18/15

Posted on 03/18/2015

Stocks… ZIOP…By holding above 13 I’m looking for this to go to 15.60 and then 18. MSFT…put in an ORH day. Sustained price action and a close over 42 should see MSFT move in 50 cent increments to the upside … Continue reading →