Pro Tips

A.M. Look 12/29/14

Posted on 12/29/2014

Stocks…   Spu’s…as long as 2060 holds on breaks downside is limited.   Nasd 100…4258 is support and the downside pivot. Bonds … 30 yr. Bonds.. 142.27 is support   FX… EURO….123.75 is the low risk sell zone.  AUD/USD…81.65 is … Continue reading →

A.M. Look 12/22/14

Posted on 12/22/2014

Stocks…   Spu’s…as long as 2060 holds on breaks downside is limited. 2020’s would be a gift to buy Spu going into year end. Nasd 100…4258 is support and the downside pivot. Below you could see a 40-50 point break. … Continue reading →

A.M. Look 12/19/14

Posted on 12/19/2014

Stocks… Equities have had a massive one way lemming effect trade into this A.M. They need to digest a little before being marked up into Year end again.   My favorite names on breaks are UNH,MMM,XLP,BRKA.   IWM…is firm over … Continue reading →

JJG…Trade Alert!

Posted on 12/18/2014

SELL 20% JJG @ the Market! This is a closing trade! We’re going to a 5% weighting or a 50% position

AUD/USD….Trade Alert!

Posted on 12/18/2014

SELL 4 AUD/USD @ 82.06! Futures Traders….DA6H is the instrument which is trading at a 50 point discount to Cash. 81.56 We’ll be using the cash levels for risk management on this trade. —

OIL

Posted on 12/17/2014

Bottom Fishing abounds. I like the idea of buying before you sell at these levels in the OIL and related names. Jan oil broke out of the opening range , like yesterday, to the upside which elicited an immediate buying … Continue reading →

A.M. Look 12/17/14

Posted on 12/17/2014

Stocks… Spu’s…(H) need to close above 1992 for bottoming action.(Z) Dec. level is 2000, they’re respective 50 DMA’s. 2022 is the qtrly Dec ORH # in DEC. (the level it failed at yesterday) 1995 is the Monthly ORL # which … Continue reading →

OXY & CVX…Ford …Midday Missive

Posted on 12/16/2014

Both of these names followed the price action laid out this A.M. by spiking their respective qtrly stops and start back higher. Classic opening range trades. Oil has held for now. 53.90 should be the stop used for any trader … Continue reading →

OXY…CVX…Ford Position Update

Posted on 12/16/2014

Both of these names followed the price action laid out this A.M. by spiking their respective qtrly stops and start back higher. Classic opening range trades. Oil has held for now. 53.90 should be the stop used for any trader … Continue reading →

Crude Low?

Posted on 12/16/2014

Use $54 dollars as your pivot the rest of the day.