Pro Tips

Midday Missive

Posted on 08/07/2013

We’re back at the 18 day again in the spread! Pay attention to your individual technical s in the Spu & Bonds.. Spu’s are an opening range trade. Trade the Time frames. Weekly sell stops are 1676.50. Nikkei… is breaking … Continue reading →

Futures Traders ( Pros Only!!) BOJ Special….Nikkei & Yen…W/Trade Alert!

Posted on 08/07/2013

Tonight is a BOJ meeting. The headlines will have the Bots on Full Tilt Boogie. 13,500 Nikkei will be the big pivot in the futures. While I can’t imagine Kuroda saying something that would be negative the Japanese Equities, you … Continue reading →

A.M. Look 8/7/13

Posted on 08/07/2013

Stocks.. Dax…put in an ORL day yesterday, as well as closing below the 18 day mvg avg. You would expect downside follow through early. Time will tell if the pattern is going to follow through to the downside. EWW…69.50-55 is … Continue reading →

A.M. Look 8/6/13

Posted on 08/06/2013

Stocks.. Same game , another day. A lot of stock rotation with no movement in the indices, however there is lots of opportunity in underlying names. Bonds… 30 yr Bonds…are stuck in the middle of the unemployment range. A new … Continue reading →

Midday Missive

Posted on 08/05/2013

UNH…United Health care remains firm over 72.60 with a 77 tgt. BHP…as long as this stays above 63.50 on a closing basis this has the potential to reach 68. AAPL…expect a test of the 200 day mvg avg @ 475.35. … Continue reading →

A.M. Look 8/5/13

Posted on 08/05/2013

Stocks.. No change Bonds… 30 Yr. Needs over to sustain 134 to start any type of rally. FX… AUD/USD…finally traded 88.50 last night. This has the potential for a small oversold rally with price action over 89.40. Commodities… Gold…1317 is … Continue reading →

A.M. look 8/2/13

Posted on 08/02/2013

Stocks.. Spu’s…the tgt for this short swing has not changed, it’s 1717. Nasd 100… individual names is where to look for opportunity. Before this rally is over a test of 3320 is possible. EWW… Mexico put in an ORH daily … Continue reading →

A.M. Look 7/29/13

Posted on 07/29/2013

Stocks.. Line…Linn Energy… Those of you that outright bought the stock should be using a 26.70 stop on close. This has yet to break out to the upside. The daily chart turns up with a good close over 27.60 and … Continue reading →

Midday Missive

Posted on 07/25/2013

Spu’s…1682-83 is resistance. A close over 1686 is needed to reverse the pattern. Having said that, all new weakness is needed under 1675 for an attempt lower. CAT…80.85 is the monthly ORL #. There will be resting sell stops below. … Continue reading →

A.M. Look 7/25/13

Posted on 07/25/2013

Stocks.. Spu’s…put in an ORL and has followed through this A.M. 1671.75 is point & figure support. A Friday close under 1665.75 would have me believe this could turn into a good correction. SDS…37.80-90 is the first resistance level. Closing … Continue reading →