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30 year Bond Futures AAPL AMZN AUD/JPY Aud/Usd aussie Bund CME Group Futures Copper Crude Oil Dax DJI EUR/AUD EUR/JPY Euro FB Forex Markets GBP/USD Gold GOOGL Grains IBB jjg NASDAQ 100 Futures NATGAS NFLX Nikkei Oil Risk On Trades S&P 500 Futures Silver SMH Soybeans Spu Spu/Bonds Stock Indices tbt Technical Trading TLT Trade Alert USD/CAD usd/jpy VIX Yen Yra Harris
Pro Tips
Midday Missive
XLV…a close over 59.25 is needed to resume the uptrend IBB…today’s low of 258.78 is now important support to manage risk. Price action over 267 is needed for a continuation of trend. Ag names are on fire with the rally … Continue reading
A.M. Look 3/3/14
Stocks… Nasd 100…look for a test of 3635. Spu’s… staying under 1844-45 is price negative. 1815-18 is the first good buy zone. NFLX…put in an ORL day. 440, 432 are possible bounce levels. PCLN…put in an ORL day. This has … Continue reading
TLT…Trade Alert!
BUY a 5% position @ the Market. This brings the portfolio weighting to 10%. 108.40 is last. There are some chinks showing in some of the high beta stocks. I still think the Indices hang in there until Monday. With … Continue reading
Pattern Reminder
SPU’s,SSO,Nasd 100,QQQ,QLD,PCLN, ASX 200 Futures,MVV,Midcap 400,XLK,XLV, Are all putting in ORH months. This is a bullish formation. Any one looking to short this formation before Early Monday morning is daft! PG,CB & some of the more mundane names look to … Continue reading
Euro & Swiss Franc
USD/CHF…88.00 Suisse becomes a significant momentum level on the weekly-semi annual charts. It is a big momentum area. If you take the time to look at an hourly chart, both the Euro & Swiss move started with the opening of … Continue reading
Midday Missive
Here are 3 names that haven’t taken off yet.
A.M. Look 2/28/14
Stocks… Don’t get caught selling weakness into Month end. Bonds.. 30 yr. Bonds…135.25-136.08 is the big over hanging weekly resistance. Sustained price action above 135.15 next week is needed to change the look of the long term charts. Next Friday … Continue reading
A.M. Look 2/27/14 W/Oil Trade Alert!
Stocks… DECK…put in an ORL day. 81.85 looks to be the go or no go level. Good above/negative below. TSLA…shows weekly wave counts around 275. AMZN… near support is 355. Resistance starts around 372. 375.50-387 is no mans land for … Continue reading
TLT…Follow Up
Personally I think this will be another take it in the Shorts moment for the Risk off crowd. A likely scenario is the Indices hold the pattern. I’m not crazy about being short equities into month end. The Nasd … Continue reading
TLT…Trade Alert!
BUY the TLT @ the market. WE’LL START WITH A 5% WEIGHTING