Pro Tips

S&P 500 Put Spread Closing Trade Alert!

Posted on 01/10/2013

We took a limited risk shot and we’re not fighting the flow. We are selling these by the close. This is selling the 1430 Puts and buying the 1405’s.

GS…XLF

Posted on 01/10/2013

We’ve had a tgt area in Goldman around 140 +-, we’re basically there.  XLF…the 2010 high was 17.12           the 2011 high was 17.20 We are mentioning this because the Financials have been on a tear. The percentage moves have … Continue reading →

S&P 500 Trade Alert!

Posted on 01/10/2013

Buy the JAN 1430/1405 PUT SPREAD….BEST YOU CAN For those trading the SPY’s …the 146 puts for Jan are trading around 94 cents We’re doing this for 2 reasons: 1) We like the stop. 2) We want some short exposure … Continue reading →

A.M. Look 1/10/13

Posted on 01/10/2013

Oil…94.56-80 is resistance. 95.25 ish is next. Only a couple of closes over this level will confirm more up. Aussie Futures…105.33-44 is resistance with this being a pivotal level for more upside. AUD/USD…105.87 was the Dec. high. We need to … Continue reading →

JJG…ETN

Posted on 01/09/2013

 The grain names have wood. We like this between 48-49, however this ETN has a nasty habit of leaving us at the altar. Closing back above 53 is positive.

PBR…Petrobas

Posted on 01/09/2013

For those of you that wish to play the upside in the oil as well as Brazil, Petrobas has a trad able pattern with a tight stop.

EWZ….Brazil Trade Alert!

Posted on 01/09/2013

I like yesterday’s low in EWZ @ 55.90 for risk management. Buy EWZ @ your discretion. We’ll be using a 56.05 stop close for now.

ANR

Posted on 01/09/2013

ANR is up 10% since we bought on 1/3/12. Intermediate resistance comes in today from 10.75 to 10.90 Sell 25% out at your discretion and pay for the trade.

A.M. Look 1/9/13

Posted on 01/09/2013

Spu’s…sell stops below 1444. Then the levels are in 10 point increments. Bulls will be looking to buy 1434-25. Nasd 100…2682 down to the 200 day @ 2667 is the buy zone and the exit zone for any shorts the … Continue reading →

QID

Posted on 01/08/2013

Those of you looking for a risk off trade, the QID has a definable stop. Buy this double short NASD looking for a dollar trade with a stop just below today’s low of 28.05