Pro Tips

30 yr. Bond Future…Follow Up

Posted on 02/13/2014

I sold USAH ( the 30 Yr. Bond Futures) as a surrogate Long Equity Trade. We’re short @ 132.31. We are risking 6 ticks ( $187.5 x 4 = $750) to see if I’m correct. The better resistance is up … Continue reading →

30 Yr. Bond Trade Alert!

Posted on 02/13/2014

Sell the 30 yr. Futures @ the market Use an intra day buy stop of 133.05

A.M. look 2/13/14

Posted on 02/13/2014

Stocks… Spu’s…1807 is the 50 day mvg avg. it will be pivotal all day. (firm above/weak below) Bonds.. 30 yr. Bonds…132.28-30 is resistance . FX… EUR/AUD…153 +- a few is resistance. AUD/USD…89.10-88.75 is support. USD/JPY…101.50-70 is Dollar support..Yen resistance (98.30-50 … Continue reading →

Midday Missive

Posted on 02/12/2014

The Italian Bonds (FBTPH4) are attempting an ORL day. All world Bond Futures are under pressure….Gilts, Bund, & U.S. Treasuries. VIX…14 is big closing support. price action back above 14.70 should be monitored in light of the Nasd 100 Pit … Continue reading →

QQQ…Closing trade Alert Feb 14 89 Calls

Posted on 02/12/2014

The calls are Pumped up and in the Money. We’re going into expiration. Time to cash out. These are trading around 80 cents. Sell @ the market!

A.M. Look 2/12/14

Posted on 02/12/2014

Stocks… Nasd 100…3584 is support and the short term downside pivot. Buy stops are over 3630-35. KBE…needs all new closing strength over 32.45 for another run to retest the ORL reversal # of 33. KRU…the regional banks need to hold … Continue reading →

QQQ…Position Update

Posted on 02/11/2014

We were filled on our resting order to sell 1/2 our calls for a double @ 55. It’s now a free look to remain long the other half. We’ll let the rest ride to see where the rally goes.

Spu’s

Posted on 02/11/2014

Spu’s……1812-14 is resistance and the closing upside pivot. The market will be overextended here the first time up.. That means it’s a better exit zone than a level to initiate a new trade. Above…expect a test of 1829.50.

Natgas Infrastructure

Posted on 02/11/2014

LNG is ripping to the upside putting in a potential ORH day. This is a buy on the break stock. The Risk is a close back under today’s breakout of 43. CBI…needs a close over 77.50 for the same pattern, … Continue reading →

Food for Thought

Posted on 02/11/2014

Here are a few names to look at. EEM…Emerging markets show a blow off low last week. I’d still rather look for U.S. names than roll the dice overseas. NYCB…is interesting simply because it put in a new low and … Continue reading →