Pro Tips

AIG_-_American_Intl_Group_Inc_Daily.gif

Posted on 09/24/2012

AIG…is looking like an attractive buy for those looking to add to their Risk portfolio going into Qtr. end

AAPL

Posted on 09/24/2012

Today’s low was just shy of the 18 day mvg. avg. of 681.35 700 is resistance on top. Closing back over 700 will start another swing to new highs.

AUDNZD_-_Australia_New_Zealand_Index_Daily.gif

Posted on 09/24/2012

This is a good Risk chart… The straight Kiwi is breaking down on the weekly charts leading the cross. 126.99 is resistance in this cross..then 127.50 ish. AUD/NZD..up= Risk Off…watch for general market tone.

A.M. look 9/24/12

Posted on 09/24/2012

Euro…128.28 is the 200 day mvg avg. AUD/USD…103.78 followed by 103.40 is the near term support 30 yr. Bonds…148.16 resistance Oil… 91.44 close is the downside pivot General Comments… We’ve seen a small sell off in risk assets, coupled with … Continue reading →

A.M. Look 9/21/12

Posted on 09/21/2012

Intermediate near term Pivots… Oil…as long as the Oil remains above 91.44 close it has a positive bias. Spu’s…closing below 1450 puts this on the defensive. Closes above 1462 are positive. Nasd…2840-45 now becomes our downside pivot. Closes above 2860 … Continue reading →

XCO…Trade Alert

Posted on 09/20/2012

Investors who sold a portion or all of their XCO over $8 last week should BUY 1/2 the position back on a 7.33 stop close good for today. Price action above this level tomorrow would be a buy as well. … Continue reading →

ZSE_-_Soybeans_(Globex)_Daily_Continuation.gif

Posted on 09/20/2012

Soybeans…are putting in an ORL day. 16.02 is the monthly 9/28 closing level for an ORL month. We are in no hurry to get back into the Grains.

XOP_-_SPDR_S&P_Oil_&_Gas_E&P_ETF_Daily.gif

Posted on 09/20/2012

XOP….held perfect support. A close higher on the day should be deemed Bullish.

Chevron_Corp_Daily.gif

Posted on 09/20/2012

Chevron is a single instrument that lined up well with the ETF’s DIG & XLE. This is attempting an ORH day with a close over 117.18.

DE…Pattern Alert!

Posted on 09/20/2012

After a week of consolidation it’s attempting an ORH day with a close over 82.22. This is a price positive formation.