Pro Tips

Oil…Pro Traders…Stop Update

Use a 30 cent stop if you took the 102.85 short. Buy Oil Inta day @ 103.15 Stop GTC

Midday Missive

Nasd 100… is key. resting sell stops are @ 3668.50. Closing below this level will be price negative and very bullish bonds. TLT…looks headed towards 110 with a confirmation today from the “USAH” 30 yr. Bond Futures over it’s 200 … Continue reading

A.M. Look 2/26/14

Stocks… VIX…sell stops are below 13.44.   Bonds.. 30 yr. Bonds…need another close above 133.20 ( today’s 200 day mvg avg) to get people buying treasuries. New Home sales @ 9:00 A.M. CDT should be watched for direction. FX… Commodities… … Continue reading

A.M. Look 2/25/14

Stocks… Spu/Bonds & Spu’s…did not put in an ORH pattern. Spu’s… need over 1847 for higher, or 1836-37 for a push lower. Nasd 100…(ENQH4) all session put in an ORH pattern yesterday, however the NYSE ( Chicago Pit session) did … Continue reading

Long 28 FEB 36.50 USO PUT Closing Trade Alert!

This dog won’t hunt with a risk on board. Close this position @ best price possible. Sell @ the market

Midday Missive

NFLX,GS,TSLA, EPH4, Spu/Bonds are all attempting ORH days. Today was a classic opening range trade in the Equities. Instruments opened on their lows broke out to the upside and kept going. Friday is month end. The swing count in the … Continue reading

Natgas

Sell stops are @ 5.88 with 5.72 first support

A.M. Look 2/24/14

Stocks… Nasd 100…3633 is closing support. NASDAQ leads, this is where all the social enabling and healthcare biotech names are. VIX…is holding support @ 14.25. Sustained price action above 16.80 is needed for a rally. XLI…needs to hold 51.30 for … Continue reading

Midday Missive

Platinum… is at daily, weekly and monthly resistance. 1428 is the 200 day mvg avg. This is an exit zone or a level for day traders to try a contra trend trade with a couple of dollar stop to see … Continue reading

A.M. Look 2/21/14

Stocks… Nasd 100…3633 is closing support. NASDAQ leads, this is where all the social enabling and healthcare biotech names are. Spu’s… are once again higher on the week and flirting with unchanged on the year. The later in the day … Continue reading