Pro Tips

Midday Missive

OXY…just double bottomed on a daily chart. This is a great low risk buy with a stop below today’s low. FXI…China either holds right here @ 38.10 or it breaks to 37. EUR/AUD…should continue up moving a figure at a … Continue reading

A.M. Look 12/12/13

Looks like it will be a couple of more days before I can spend any serious amount of time at the screen. Stocks.. Spu’s…I have an interest @ buying 1726-30’s. The big game is next week as 2014 will begin … Continue reading

A.M. Look 12/9/13

I will be out of office for the next couple of days for some scheduled body maintenance. I will not be writing, answering calls or returning e-mails until at least Thursday General Comments or Valuable Insight Many of the World … Continue reading

Midday Missive With/TBT STOP ORDER

30 yr. Bonds…after taking 3 months they came within 3 ticks of our original downside tgt of 129.08 and the qtrly uptrend channel line going back for the life of the Bond contract. They’re attempting an ORH day which would … Continue reading

A.M. Look 12/6/13

Stocks.. Spu’s…I have an interest @ buying 1726-30’s. The big game is in 2 weeks as 2014 will begin to set up.I’ll pass on the early action, however if the Spu’s hold 1785 after the NYSE opening, you can buy … Continue reading

DXJ…Stop Loss…Position Update

DXJ is attempting an ORL week to the downside with a close tomorrow under 49.41. While this could bottom going into tomorrow and go right back up, I’m sticking to my trading plan and the 49 stop on close . … Continue reading

A.M. Look 12/5/13

Stocks.. AAPL…582-584 should prove sticky the first time up. All the macro buy stops are just over 600. We will be selling 50% of our remaining position at this level!!!   Bonds Bunds…held daily,weekly & monthly support yesterday on the … Continue reading

Midday Missive

SSO…A close over 97.10 puts in an ORH day SPU …A close over  1801.75 puts in an ORH day Nasd 100…A close over  3488.75 puts in an ORH day . BRKA …is putting in the same type of patten. 173,500 … Continue reading

AAPL…Trade Alert!

Time to do the tighten up. New order… SELL AAPL @ 559 Stop GTC. “Good Until Canceled” This is a trailing stop for profit protection on 1/2 the remaining position. My thought process is that if the board does have … Continue reading

Trade Follow up

Oil.. I was looking for a rally into my # set @ 97.80 to sell. The Oil has gone straight up since 93 with out an 80 point set back. Since we got an 80 point wiggle off the 97.50 … Continue reading