Pro Tips

30 Yr. Bonds…TBT…Spu’s…Trade Alert!

While we continue to believe that the higher rate environment is nearing, this will not happen with the current Risk off board. This could take a long time and lots of De-leveraging before we see an absolute low in rates. … Continue reading

VIX

          Yesterday’s low in the Vix @ 17.20 was near perfect support. This is a chart we like for the risk off crowd on any break. This low matches the current double top on a weekly … Continue reading

A.M. Look 11/7/12

Gold…needs closing strength over 1727-32 for more upside. Silver…32.13 will be pivotal all day. Spu’s…same levels!  Below 1402-1395 close for a downside breakout, above 1434 for the up. 30 yr. Bonds…148 +- a few is the downside pivot. Sustaining above … Continue reading

Dow Transports….OIL…XOM…AAPL

Enclosed are a few charts we think will prove to be important the rest of the week. IYT…Transports are near channel resistance matching the 50 day in the Spu’s Spu’s…still need to get over 1434 to run. Oil…the charts in … Continue reading

A.M. Look 11/6/12

General Comments… Go vote!!… Model Trading Portfolio…………….. Stop Close       Profit Points Long TBT                                59.30                69 Long Spu 1455/75 Nov. call spread Profit areas have been hit. Investors should have reduced positions. Small core … Continue reading

AAPL…QID

AAPL…will have trouble @ the 200 day around 591 QID…30.14 is the hold level for this double short ETF If you have the need to be involved over the next 2 days….and I don’t!… Know you’re levels and only play … Continue reading

A.M. Look 11/5/12

Spu’s…singing that same old song since July…”no close below the 1395-1402 level” We need to see a close below this area for another swing down. Sustained price action above 1410 gets the lemmings running the other way. Gold & Silver…have … Continue reading

Risk Off Crowd!

1593 is the 50 day mvg avg in the Vix. This has been a low risk way to play the directional swings for months.. Price recovery back over 1670 is needed to confirm a low. AAPL…is sitting on it’s 200 … Continue reading

PCLN…Spu “Call Spread” Trade Alert!

PCLN just hit major resistance @ 656. Take off (SELL) another 25% of your call spread the best you can.

Curency Traders…EUR/AUD

123.65-42 is near term support in this cross. Watch this area for clues to further Euro weakness. This is a big near term hold area.