Pro Tips

A.M. Look 10/30/13

Posted on 10/30/2013

Stocks.. Bonds 30 yr.…still needs to sustain under 134.26.27 for a point lower. The major qrtrly support and closing downside pivot is 133.12-17. 135.27 is resistance and the upside closing pivot. Above here the Bonds move a point at a time. … Continue reading →

IBM…Trade Alert!

Posted on 10/29/2013

Sell 50% or your long position Market On Close (MOC)  Leave the order to sell @ 182.10 alone.  It looks like IBM will close on or near the highs of the day. I just want to make sure I get … Continue reading →

VIX…Position Update

Posted on 10/29/2013

We’re filled … Nov 13 VIX 14/16 call spread for 55 cents.

VIX…Trade Alert!

Posted on 10/29/2013

Spu/Bonds are trading at the high we broke from the last time around. This is a big closing level from 2007 that will run the next big swing in the Equity Indices Time to go back to the well on … Continue reading →

A.M. Look 10/29/13

Posted on 10/29/2013

Stocks.. Bonds 30 yr.…still needs to sustain under 134.26.27 for a point lower. The major qrtrly support and closing downside pivot is 133.12-17. FX… AUD/USD…is weak. Aussie could stop right in here on the Point & Figure chart or go … Continue reading →

Midday Missive

Posted on 10/28/2013

30 Yr. Bonds…a close today over 135.15, today’s “ORH” in the Futures, will run out the shorts into Wednesday’s Fed release. I would view that chart pattern as price positive the precious metals.

A.M. Look 10/28/13

Posted on 10/28/2013

Stocks.. EWW…Mexico finally put in a trad able low on Friday with an ORH day. Friday’s low also put in a double bottom on a weekly chart. Sustaining and closing above 66 targets 67.15-25 followed by 68.75. Meli…as long as … Continue reading →

A.M.Look 10/25/13

Posted on 10/25/2013

Stocks.. IEO…price action above 82.40 is positive. DIG…64.30 has to hold for higher XLE…85.60 is the hold level TBT…sustained price action over 72.65 is needed for yesterday’s ORH pattern confirmation. Bonds 30 yr.…135.00 will be pivotal. Sustained and closing price … Continue reading →

Energy ETF’s Trade Alert!

Posted on 10/24/2013

Those of you that want to add risk to their portfolio look no further. DIG…is attempting an ORH day with a close over 65.28. 63.80 is the Stop on this trade looking for a new high followed by an exit … Continue reading →

TBT….Trade Alert!

Posted on 10/24/2013

TBT…is attempting an ORH day with a close over 72.45. 30 yr. Futures…below 135.02 is the #. We’re going to take this signal.  We’re looking for a test of 73.70 in the TBT.  30 Yr. Futures… A Full point to … Continue reading →