Pro Tips

AAPL…Stop Adjustment

Posted on 01/07/2014

Presently we have a 540 Stop on Close for the remainder of our Long AAPL. I’m moving this stop back to the original entry level of 520 on the last buys. This order will be a stop on close. The … Continue reading →

Midday Missive W/JJG Order

Posted on 01/07/2014

PCLN…a close over 1162 should elect a rally to just over 1200. I looked at the calls and they are pricing in a big rally. At first glance, there does not appear to be a cheap way to buy upside. … Continue reading →

A.M. Look 1/7/14

Posted on 01/07/2014

Stocks.. XLV,XLF & XLK are three sectors that are holding up. EWG & EWP…are both hanging in from a technical perspective. The risk in Germany (EWG) is a close below 30.50 EWP has to remain above 36.95 close. FXI…35.85 needs … Continue reading →

Midday Missive

Posted on 01/06/2014

IYT…a close today below 130.40 puts in an ORL day. MMM…a close today below 138.03 puts in an ORL day. GS…our upside tgt from last year was 182. Close enough.. DDD…3D systems, a close today below 94.11 puts in an … Continue reading →

A.M. look 1/6/14

Posted on 01/06/2014

Stocks.. GOOG…put in an ORL week. Below 1101 this can pick up some downside momentum. Bonds… 30 Yr. Futures…sell rallies not breaks. There should be small resting buy stops around 129.00 which could lead to another 1/2 point rally. FX… … Continue reading →

Midday Missive

Posted on 01/03/2014

NASD 100…is attempting an ORL week with a futures close under 3549. The pattern has just filled the weekly gap left from the Fed meeting in Dec. @ 3536.50. You’ve have potential reversal weeks up in the Aussie and Gold … Continue reading →

Midday Missive

Posted on 01/03/2014

30 Yr. Bonds…a close today above 128.25 puts in an ORH day in the Futures. USD/JPY…is attempting an OR Day as well. The Yen is catching a bid as the Yen crosses are being liquidated. Price action below 104.60 USD/JPY…Over … Continue reading →

A.M. Look 1/3/14

Posted on 01/03/2014

Stocks..   BAC…is putting in an ORH week with a close over 15.79. While the pattern looks good I am not a fan of chasing this strength. LNG…as long as this holds above 42.40 close I’m a fan.   Spu’s…a … Continue reading →

Dax… Euro Stoxx… SSO

Posted on 01/02/2014

Both the Dax & Euro Stoxx are into our qtrly pivots (support zones) after major profit taking and ORL daily patterns. SSO…has the potential for an ORL week with a close tomorrow under 99.80. We’re in need of another 1-2 … Continue reading →

Currencies

Posted on 01/02/2014

GBP/USD…is attempting an ORL day with a close below 165.18. it is presently into near term support. USD/CHF…is into support @ 90.25 (app 110.85 Futures) EUR/JPY…is attempting an ORL day with a close below 144.50. GBP/JPY…is attempting an ORL day … Continue reading →