Pro Tips

GS…Goldman Stop Adjustment…W/Midday Missive

Posted on 10/22/2013

Raise the trailing Goldman Sachs sell stop to 157.90 Close. AUD/USD…97.55 is the 200 day mvg avg and natural resistance. Currencies are rallying on the crosses vs short the Yen. I wouldn’t chase anything. EWW…needs a close over 66.20 to … Continue reading →

A.M. Look 10/22/13

Posted on 10/22/2013

Stocks.. RIO…by holding a break at 51 with an initial Gold sell off followed by an early hold, this is poised for a test of 55. EWZ…50.48 is the 200 day in Brazil. It’s a must hold level for higher … Continue reading →

Midday Missive…VIX

Posted on 10/21/2013

Stock rotation is in full swing with the Equity Indices looking overstretched. We’ve come a long way in Equities in 9 trading days. Sell stops are resting under Friday’s day session lows in the Indices The Mexican peso is nearing … Continue reading →

AM. Look 10/21/13

Posted on 10/21/2013

Stocks.. Spu’s…use 1730 as the near term pivot. Bonds 30 Yr. Bonds…support start @ 133.07-132.28. This would be a good area to buy before you sell. 135.00 is weekly closing resistance. FX… AUD/JPY….stays firm as long as it maintains above … Continue reading →

Midday Missive

Posted on 10/18/2013

India ( PIN) & VNM (Vietnam) are both at resistance with Brazil (EWZ) at my first tgt area. Spu’s…it will be a late day game. 1730 is the near term hold and pivot which will run any profit taking. New … Continue reading →

VIX…Trade Alert!

Posted on 10/18/2013

BUY the November 14/16 Call spread for 40 cents. This is the Bid side of the market. We’re long a little Stock and we’re going to put on a 25% position in the spread. We’re just looking to run this … Continue reading →

A.M. Look 10/18/13

Posted on 10/18/2013

Stocks… AAPL…529 is the key resistance and the upside closing pivot. NFLX…closing over 331 projects another 20 dollars higher. NFLX is attempting an ORH month as long as it holds 320 on breaks. Nasd 100…is trading @ the 2/3rds of … Continue reading →

A.M. Look 10/17/13

Posted on 10/17/2013

Stocks.. Spu’s…closing above 1725 should give way to 1750. SSO…this ETF looks better from a technical perspective than the underlying Future. As Long as there is no close below 85.27 this should minimally see a new high. Bonds 30 yr. … Continue reading →

OIL

Posted on 10/16/2013

Oil is attempting an ORH day. This is one I wouldn’t chase. If this can hold and rally tomorrow expect to see 104.70

30 Yr. Bonds …TLT Pattern Alert!

Posted on 10/16/2013

A close today over 132.18 puts in an ORH day. Closing over 132.24 confirms the breakout. TLT…105.30 is the ORH # with upside momentum building over 105.40 close. Can anybody say Yellen Put. Is the board is setting up for … Continue reading →