Pro Tips

Midday Missive

Posted on 01/14/2015

Spu’s…the weekly sell stops are @ 1984.25. Nasd 100…the weekly sell stops are @ 4084.25. CAD/JPY…is @ it’s 200 DMA @ 96.95. 96.20 is the lower long term extreme. Trade the opening range today in the Equity Indices. EURO…118.60 is … Continue reading →

A.M. Look 1/14/15

Posted on 01/14/2015

Stocks… Spu’s…1962-68 is the buy zone. This is a cover zone for shorts, for longs it’s a low risk buy zone @ the 200 DMA. Nasd 100…sustained price action under 4100 is bearish. 4177 is today’s short term resistance. 3942 … Continue reading →

Line…Closing Trade Alert!

Posted on 01/13/2015

Closing Trade SELL LINE @ the Market! Conceptually I like this trade , however I’m not getting any love. This instrument will need above 11.20 for upside momentum.

Line Trade Alert!

Posted on 01/13/2015

BUY LINE @ on the opening! I was stopped out on my trailing stop yesterday on the close. Although I still think it will take into the end of the week for the selling to sort itself out in Oil, … Continue reading →

Euro

Posted on 01/13/2015

EURO…there are resting sell stops below 117.54. Electing those stops should lead to a test of the mid 116’s. EUR/AUD…as long as this remains below it’s 200 DMA @ 145.40, this cross will remain a viable way to be short … Continue reading →

A.M. Look 1/13/15

Posted on 01/13/2015

Stocks… GDXJ…above 29 this has room to 30.40. 34.64 is today’s 200 DMA. Spu’s… The point & figure charts show new strength over 2050 resistance is needed  for upside. Bonds … FX… Commodities… Gold…is knocking on the door again @ … Continue reading →

A.M. Look 1/12/15

Posted on 01/12/2015

Stocks… Spu’s…I need a close over Friday’s high of 2061 to get Bullish. Spu’s need under 2028 and a close under 2022 to bring the bears back out of hibernation. Nasd 100… is a sideways pattern. Price action and a … Continue reading →

ORCL…Trade Alert!

Posted on 01/09/2015

SELL 50% ORCL @ the Market!

A.M.Look 1/9/15

Posted on 01/09/2015

Stocks… IAT…regional banks need to hold 33.65 for higher. Spu…2022-24 is the level that needs to hold on a break. TWX,V,BLK,EXAS,BRKA have good technical formations. If the Indices hold an early break and start to recover these names have room … Continue reading →

Yen…Trade Alert!

Posted on 01/08/2015

Protective Buy Stop. This is a Closing Trade. BUY JYAH @ 84.52 Stop GTC The Dollar is losing it’s upside momentum against a lot of Currencies. The Mexican peso is a good example. The Peso chart pattern is indicative of … Continue reading →