Pro Tips

A.M. Look 4/3/13

Posted on 04/03/2013

Spu’s…have to sustain under yesterday’s low of 1559.50 for any downside to materialize. Euro…sell stops are 127.52 which can lead to a test of 126.70. GBP/USD…Cable has the ability to take a look at 150.00-25 30 yr. Bonds…144.07-09 is near … Continue reading →

Precious Metals

Posted on 04/02/2013

Silver…the first downside tgt is 27.05 +- a couple. This is a cover your shorts zone the first time down. Gold…the next set of minor sell stops are under 1574.50. The macro stops are under 1555.

A.M. Look 4/2/13

Posted on 04/02/2013

SPU/BOND…spread is dead on the 18 day mvg avg. 30 yr. Bonds…144.07-09 is near term support. A close below 143.20 is needed to get something going on the downside. A close over 145.07-10 is needed for higher. Bunds…need a close … Continue reading →

Time to buy some downside protection

Posted on 04/01/2013

Buy the April 1530/1500 S&P 500 put spread for $4

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Posted on 04/01/2013

Sustained price action and a close under 110.25 is needed for the Transports to rollover. This has been a leader for the entire rally. Watch for general market tone.

A.M. Look 4/1/13

Posted on 04/01/2013

Euro… stops are below 127.52. 126.60-80 is the next significant support. 128.67-88 is daily resistance. GBP/USD…needs to sustain either above 152.50 or under 151.20 for new direction. USD/JPY…93.80 ( app 106.75 futures) is the level that the Yen has to … Continue reading →

Midday Missive

Posted on 03/25/2013

Wednesday is a Full Moon, which means there should be some big action mid week. Thursday is a major crop report. This is the one that is always a major market mover. For those of you that bought GDX, Keep … Continue reading →

A.M. Look 3/25/13

Posted on 03/25/2013

Whitewave will be closed in observance of Passover Tuesday & Wednesday, Coupled with the  unexpected loss of a family member yesterday, will publish our next update on April 1. To those of you who have recently started following us, this … Continue reading →

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Posted on 03/22/2013

Euro traders….keep a weather eye on the Italian Bond technical s for price rejection in the Euro. Euro buy stops are over 130.10-20

A.M. Look 3/22/13

Posted on 03/22/2013

Grains… Wheat…needs all new closing strength over 7.374 for higher Corn…we like to see Corn hold 729 to avoid any lower retests. As seen by looking at the Green mvg avg line, ( 200 day) is temporarily capping the rally. … Continue reading →