Pro Tips

A.M. Look 9/16/13

Posted on 09/16/2013

Stocks.. Spu’s…1704-05 will be pivotal early.  Below, the Spu’s could try to trade back to 1690. Bonds 30 yr. (Sept)…133.15 is resistance and the closing upside pivot. FX… USD/JPY…98.27 is Dollar support/ Yen resistance ( 101.76 Sept. Futures) GBP/USD…157.20-50 is … Continue reading →

A.M. Look 9/12/13

Posted on 09/12/2013

Stocks.. EWP…Spain…33.07 is potential double top level on a monthly chart, however once maintaining and closing over this area, look for an initial test of 34.65 with much higher long term tgt’s. 31.75 is the buy level In Spain on … Continue reading →

AAPL Trade Update/ W Trade Alert!

Posted on 09/11/2013

I’m long with a stop below the low. Pay for your trade (Sell 30 % of your Longs @ 481) 462.94 -463.33 is where the 50 day and 200 day mvg avg’s converge. Everyone will be eyeballing this # set. … Continue reading →

A.M. Look 9/11/13

Posted on 09/11/2013

General Comments or Valuable Insight Everything is parked. We need some price action out of last night’s ranges for new direction. Based off the long term point & figure charts the metals look vulnerable to more downside. Trade your time … Continue reading →

A.M. Look 9/10/13

Posted on 09/10/2013

Stocks.. Spu’s…1680.50 is near resistance. 1665 is support. Nasd 100… 3200 should be sticky the first time up. This is just not a level to buy strength. Bonds… Bunds…are very oversold. 30 yr…tgt’s and resistance remain the same. Italian 10 … Continue reading →

Equity Indices….Emerging markets

Posted on 09/09/2013

The ones that were beaten up the most are the least risky to buy. Midcap 400 and Russell have room on the upside. Spu’s…are just starting to pick up on a daily and weekly chart.One more day closing around today’s … Continue reading →

NUAN…Nuance Communication

Posted on 09/09/2013

Icahn just put this stock in play on CNBC.. The chart pattern is great. This should not trade below 19.30 again if it’s going to run.

A.M. Look 9/9/13

Posted on 09/09/2013

Stocks..  Spu’s…the buy stops are over 1664 and the sell stops below 1630. Bonds…  No change FX…  No change Commodities… Oil…I wouldn’t try to pick a high until later in the week. Still looking to sell 116.50’s the first time … Continue reading →

A.M. Look 9/6/13

Posted on 09/06/2013

Today comes down to one thing, which is the unemployment # @ 7:30 CDT. The day will be a price action trade based off the data. Follow the Bonds for they will lead the Currencies. If the Bonds go bid … Continue reading →

A.M. Look 9/4/13

Posted on 09/04/2013

FX…   AUD/USD…could get as high as 92.30’s. AUD/JPY…92.15 is weekly resistance EUR/AUD…143.11 would be an extreme low today.   General Comments or Valuable Insight  The Aussie and the commensurate crosses are what’s in play today.  EUR/AUD could eventually work … Continue reading →