Pro Tips

A.M. Look 6/6/13

Posted on 06/06/2013

Stocks.. Spu’s…have to maintain above 1617.50 to see some profit taking. Bonds… 30 Yr….need to squeeze up another half a point to start seeing further short covering before tomorrow FX… USD/JPY…as long as this stays under 99.30 (over 100.70 Futures) … Continue reading →

S&P 500 Index & 30 Yr. Bonds

Posted on 06/05/2013

We’ve been talking about the Equity Indices being over baked on the upside since the beginning of May. So it took into the last week of May to give it up. Every technician on the planet has hold levels in … Continue reading →

DXJ…Position Update

Posted on 06/05/2013

Our sell stop was elected on the opening @ 45.14. We currently are running no positions.

A.M. Look 6/5/13

Posted on 06/05/2013

Stocks.. Spu’s…we’re smack dab in the middle of a 25 point range. The downside breakout is 1620 sellers. Spu’s have to go 1631 bid to avoid lower. Nikkei…has to hold 12,940 Bonds… It’s all about Friday! FX… EUR/AUD… 136.86 is … Continue reading →

DXJ…Follow Up

Posted on 06/04/2013

We just locked in 3.2% on 50% of our holdings with sales @ 46.84 on today’s opening. This allows us time in the trade to see if we get another 3-4 %. Only time will tell. Our original thesis was … Continue reading →

A.M. Look 6/4/13…W/Trade Alert!

Posted on 06/04/2013

Nikkei…resistance starts @ last night’s high “13,720- 13,945” USD/JPY…has gone from resistance @ 99.00 yesterday to Support @ 100.45. AUD & NZD/USD…put in the same moves going from resistance to support during this A.M. London lows. General Comments or Valuable … Continue reading →

DXJ…Trade Alert!

Posted on 06/03/2013

Buy the DXJ MOC We’re looking for a day and a half trade. This is Long Japanese Equities with a short Yen Kicker.

JJG…Closing Trade Alert!

Posted on 06/03/2013

This isn’t Working out. Time to Sell!

Oil…Risk Indicators

Posted on 06/03/2013

WTI…93.65 +-10 ticks is resistance. 94.60 is the least risky place to try a short. USD/JPY…we’ve been looking for the Yen to run the stops back under parity (100). Yen did this and I do not wish to trade around … Continue reading →

A.M. Look 6/3/13

Posted on 06/03/2013

Grains… Soybeans are leading this rally as they led the first wave up 2 weeks ago. Corn is still at resistance, however we expect this to give way to a rally to just over $7. JJG…will be a good way … Continue reading →