Pro Tips

A.M. Look 2/06/15

Stocks… SPU’s…2065 is resistance and the closing upside pivot. Spu’s and the spreads put in ORH days yesterday. It’s all about whether the market holds a retest and honors the pattern. EFA…64.00 is the first tgt. 65-65.20 is major resistance … Continue reading

DXJ & BRKB…Trade Alerts!

BUY DXJ Market On Close BUY ​BRKB​ Market On Close

What Looks Good

DXJ…we’ll be buying this by the close today as long as the U.S. closes strong.   BRKA…slow and steady without the volatility. We’ll be looking to add this by the close today. AGN…the weekly looks great.   ACT…Actavis reports 2/18…the … Continue reading

Midday Missive…Earnings Lotto

GS…needs over 181 for upside momentum. COST…147.50-146.80 is the low risk buy level today. CME…who needs humans when the bots will trade twice as much with 75% less liquidity. CME is attempting an ORH week. This looks set to test … Continue reading

A.M. Look 2/5/15

Stocks… SPU’s…2049.25 is today’s ORH # MIDCAP…147230 is today’s ORH # Bonds … FX… EURO…114.85 is resistance. 113.00 is support. GBP/JPY…177.50 is support and the closing downside pivot. Look for this to trade in the direction of U.S. Equity Indices. … Continue reading

SSO/TBT…Closing Trade Alert!

SELL SSO @ the Market! SELL TBT @ the Market! Closing Trade!! I thought this could go…No Love.. The energy sector is going to be too much of a drag today.

SSO/TBT…Trade Alert!

BUY SSO @ the Market! BUY TBT @ the Market! I’m putting on the spread by buying equal amounts of both. Futures traders…This is Long SPU/ Short 30 Yr Bonds

A.M. Look 2/4/15

Stocks… Spu’s…2041 is 50 DMA resistance and the upside pivot today. 2029 is support. NASD 100…4228 is 50 DMA resistance and the upside pivot today. 4184 is support. SLB…83.80 is support and the low risk buy zone. GOOGL…553 is resistance … Continue reading

The Late Show

Catching up. SPU’s…bottomed @ the 200 DMA yesterday. A close tomorrow over the 50 DMA @ 12041 (126.50 SSO) is needed to confirm a low. OIL…just hit it’s initial upside tgt @ 54.00 EURO…any price action over 115.10 is too … Continue reading

Coast to Coast

P&G is a name I like here. OIL…54 is resistance. I doubt it will get there today. 30 Yr. Bonds…149.10 is support and the closing downside pivot. It is a must hold level for the 30. Gold…1254 is the 200DMA. … Continue reading