Pro Tips

A.M. Look 6/25/14

Stocks… VIX…12.50 is the 50 DMA. 12.90 looks to be the momentum # and upside pivot.14.00 is the 200 DMA and the next significant level. LNG…put in an ORL day. Price recovery over 67.40 will be needed to negate the … Continue reading

30 Yr. Bond Futures order Update!!!!

Cancel this order!!!!!!!!!!Sell 30 Yr. Sept Bond Futures “(USAU)(ZBU)” @ 136.09 GTC The Russell, Spu’s & Nasd 100 have all put in ORL days. It’s more meaningful that the Spu’s have done it from new all time highs, however all … Continue reading

Midday Missive

looking for leverage for some upside exposure into qtr end? EWP…July 14 45 calls in the low 20 cent area. DXJ…July 3 50.50 are trading around 25 cents. AAPL…July 3 92 calls in AAPL are trading app .60 cents These … Continue reading

A.M. Look 6/24/14

Stocks… AUQ…Aurico Gold is attempting an ORH month with a close over 4.35. As long as this holds breaks around $3.90-4 this has potential to make a run toward 6 on the longer time frames. ABX…18.13 is the 200 DMA … Continue reading

Midday Missive

​IWM & MVV​ ​… are the two Indices that look the most vulnerable to selling.​ ​MVV…​ ​70.60 is today’s ORL # in the Ultra Midcap. If this index is to holds up, you should not see much sustained price action … Continue reading

A.M. Look 6/23/14

Stocks… UNH…looks good on the weekly chart with an ORH week. JPM…remains firm over 57 close CELG…is a name that will be in play going into qtr end. A close over 175.17 is needed for an ORH qtr. MELI…Mercadolibre is … Continue reading

Midday Missive

AAPL…held it’s weekly breakdown # yesterday @ 91.35. This is the least risky stock on the board to own with a closing stop against this level going into month end. A close above 93 will be the start of another … Continue reading

A.M. Look 6/20/14

Stocks… IBM…double topped at the 50 day & 50 week mvg avg the first 2 weeks of the month. This one needs some patience for a sign of a good low. It would be a better trade after month end … Continue reading

Midday Missive

Bund…the Sept Bund will try to print 146.40. OIL…WTI/Brent spread came close to it’s 200 DMA which happens to line up with the last breakout in Crude above the 104.70-105.30 level. All this tells you is that is that WTI … Continue reading

A.M. look 6/19/14

Stocks… IBB…put in an ORH day. The weekly has room to move toward initial resistance around 260. UNH…had a big hold at the 50 DMA yesterday. Sustained price action and a close over 79.40 will attract buyers for a run … Continue reading