Pro Tips

A.M. Look 6/25/13

Posted on 06/25/2013

Stocks.. No change…Spu’s & Nasd have given me all the expected price action I’ve been waiting to see going into qtr end. (They’ve both hit all my # sets) Range trading should prevail. Bonds… 30 yr. Bonds…136.06 + a couple … Continue reading →

Risk On?

Posted on 06/24/2013

A lot of you guys are bottom fishing. I think you are better off mindlessly trading the levels and Time Frames. You’ll need a close today below 18.25 in the cash Vix to line up with a temporary low in … Continue reading →

A.M. Look 6/24/13

Posted on 06/24/2013

Stocks.. Spu’s…the Sept Futures will need to close over 1590.50 to hold up Macro support and next tgt. is 1562 followed by 1532, levels that will not change. Nasd 100…2888 is closing resistance. 2800-05 is the next tgt & support. … Continue reading →

A.M. Look 6/21/13

Posted on 06/21/2013

Stocks.. Spu’s…the Sept Futures will need to close tomorrow over 1597 to hold up on the weekly charts. This needs a close over 1614.50 for higher Nasd 100…2888 is the weekly #. This needs to sustain over 3000 for higher … Continue reading →

30 Yr Bonds & Equity Indices

Posted on 06/20/2013

30 Yr. Bonds…135.00 + a few is matching Fib support. This is big swing stuff. It’s the first serious measured pullback from the 2007 low and 50% back from the 2011 low. This is a big technical level that deserves … Continue reading →

GLD & Gold position Update

Posted on 06/20/2013

We’re stopped out. We have no positions. We gave it a go because we’ve had this as a tgt level on our matrix for months. Fundamentals had nothing to do with the attempt. It was a measured look off our … Continue reading →

Gold Day Traders

Posted on 06/20/2013

Futures need to hold the 1290 level. The exit on any rally is to 1326-30 the first time up. I’m not getting married to this trade since the Equity Indices look to be heading to my lower tgt’s. around 1565 … Continue reading →

GLD…Trade Alert!

Posted on 06/20/2013

Buy the GLD with a stop at today’s low Futures traders Use today’s low for your stop.

Precious Metals

Posted on 06/20/2013

So far there is not much of a bounce. 1265 Gold is still a descent place to look for a bounce, however we are going to wait to buy and hold for a longer time frame trade. The simple reasoning … Continue reading →

A.M. Look 6/20/13

Posted on 06/20/2013

Stocks.. Spu’s…there are resting sell stops @ 1596. We’re presently sitting on daily support @ 1606 In Sept. Bonds… 30 Yr. Futures…136.00 +- a few is the qtrly tgt and a go or no go level for another move, which … Continue reading →