Pro Tips

Equity Indices

Posted on 01/30/2013

Spu’s…need a close below 1491 for an ORL day. Russell..has a stranded close from yesterday and looks the most vulnerable. With tomorrow being month end we’ll soon see how willing investors are to book their profits.

A.M. Look 1/30/13

Posted on 01/30/2013

Oil…98.09-25 is resistance and the closing upside pivot. A couple of closes over this level will be needed for more upside. 30 yr….recovery over 144.02 is needed for a trad able low. Monthly stops are under 141.30. Euro…Eur/Aud…have all come … Continue reading →

Silver Puts…Trade Alert!

Posted on 01/28/2013

The Silver Calls are trading around 60 cents, basically doubling in a couple of days. In today’s A.M. Look we were looking to pay for this trade any where near the 200 day for the all session (app 30.60). The … Continue reading →

General Board

Posted on 01/28/2013

The point & Figure shows a double top in Oil. Downside tgt’s were basically hit in the Bund & Bonds,, NFLX…178 was the 50% of the big swing. Some big technical matches we’re hit. Now we have to see whether … Continue reading →

TLT…Trade Alert! + Closing Position Alert!

Posted on 01/28/2013

Buy the TLT with a closing stop below today’s low. We’re Closing out Selling Long positions ANR and EWZ… For the past month investors have been selling AAPL and buying everything else. This looks to be going into profit taking … Continue reading →

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Posted on 01/28/2013

30 Yr…142.28 is the fib tgt we were looking for 3 weeks ago. We’re getting close… Spu/Bonds…are encroaching on a big monthly level.

A.M. Look 1/28/13

Posted on 01/28/2013

USD/JPY…the Yen needs sustained and closing price action below 90.28 (above 110.79 futures) to signal the start of a bigger change in the Yen crosses. USD/CAD…101 ( 98.89 Futures) is the level to monitor for a potential weekly double bottom … Continue reading →

A.M. Look 1/25/13

Posted on 01/25/2013

One of the brightest and innovative figures in the trading world, the greatest man I’ve had the pleasure to have known and a Hall of Fame Human being, was taken from us Wednesday in a tragic traffic accident, His name … Continue reading →

Position Update

Posted on 01/24/2013

EWZ…by remaining over 56.60 we will remain Long into tomorrow. ANR…This could be forming a possible head & shoulders pattern which is price negative. Our last buys were app 9.33, we’ll give this one more day to get something going … Continue reading →

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Posted on 01/24/2013

This is running the stops…56.60 is the ORL # Again we will be out of all Risk Assets with closes below our stated levels.