Pro Tips

Midday Missive

SPU’s…Every technician is looking at a potential double top @ 1679.50. Resting short term stops are 1669.75. You would need a close below 1667.50 to get me interested in picking a short term high. IYT…114.64 is today’s ORL #. A … Continue reading

Midday Missive…Undervalued Assets

AAPL…this needs above 432 to gain upside momentum. Emerging markets. FXI… (China) a close above 33.65 will start another leg higher. EWZ…(Brazil) investors are bottom fishing here today. This needs to maintain and close over 43.10 for higher. This was … Continue reading

A.M. Look 7/15/13 W/ Trade Updates

Stocks.. QQQ…76.05 is a level that can reject the first time up. The longer term upside tgt is 82 as long as 72 holds on breaks. Bonds… 30 yr….135.00 remains resistance and the upside pivot. FX… Euro…needs a close under … Continue reading

SX…Position Update

We are long a 25% position in November Soybeans @ 12.62

Miday Missive… W/Grain Trade Alert!

The Gilts and the Bunds have been the better performing Bond markets over the past couple of days. This has manifested itself into value traders buying the Dax. Trade location is key. Market participants are using the 8000 level to … Continue reading

A.M. Look 7/12/13

Stocks.. Everybody is all in long. Look for names that have not had big moves with RSI in the High 70’s or 80’s. Bonds… 30 yr. is right at resistance @ 135.00. The level has not changed. Bunds…143.75 is closing … Continue reading

Midday Missive

Nasd 100..wants to print 3044 the old high. Then you might see some profit taking. Spu’s…The next measured swing count is to 1687, however failing @ today’s opening range we would have to close under 1655 to signal a short … Continue reading

TLT

The TLT is trading around 107.65. This is a very tight look on a contra trend trade. It’s either good for a couple of points or it’s not. The main rational was that stocks were overbought with some like NFLX … Continue reading

TLT…Trade Alert!

Buy the TLT @ the market with an intra day stop @ 107.35. Sell 1/2 ( take partial profit) @ 109.10

A.M. Look 7/11/13

Stocks.. GOOG…924 was the old pre-market high and tgt. This level will run the next swing in GOOG. NFLX…248.85 is the old high, 262 is next resistance. DAX…is over the 8000 pivot. Bonds… 30 yr….The long term point & figure … Continue reading