Pro Tips

DIG & XLE

Posted on 09/20/2012

For the Risk On crowd… Both these ETF’s show a defined out (stop).. Short term traders can trade these from the long side with a stop just below today’s low.

Miners et. al.

Posted on 09/20/2012

BHP…this is a cheap look to buy against 69.20 for the short term trader. 68 is the level for the longer time frame investors to try a long. FCX…38 is our preferred level. Nem…52.85-37 is the area of interest. The … Continue reading →

A.M. Look 9/20/12

Posted on 09/20/2012

USD/JPY…79.22 will be our macro pivot. ( App 126.40 Futures). Look for this level to run the Yen crosses against the Commodity Currencies. Use the crosses as the general risk tools they’ve been all year. CAD/JPY…AUD/JPY up, it’s Risk On. … Continue reading →

A.M. Look 9/19/20

Posted on 09/19/2012

Soybeans (X)…closes below 1640 will lead to another swing down. Above 16.70 we’ll see some more strength Wheat…9 dollars will be pivotal. Corn…7.60 will be pivotal. Equity Indices…Futures expire tomorrow. We are in wait and see mode. 30 Yr. Bonds…need … Continue reading →

General Comments

Posted on 09/14/2012

After some panic buying this A.M. our upper tgt’s were hit in the EWZ, close enough in the TBT, and to the tick in the 30 yr. Futures. We’re looking to Buy hard breaks in Risk assets and Sell hard … Continue reading →

Dec. Bonds

Posted on 09/14/2012

144.17 is the level from May we rallied from. Closing below this level will lead to more downside. This should set up with the 17.40 level in the TBT. 17.55 is the 200 day in the ETF. We should see … Continue reading →

Target Reminder

Posted on 09/14/2012

EWZ & X are trading at their first Tgt’s. Pay for your trades and lighten up.

TBT…30 Yr. Bonds…Trade Alert!

Posted on 09/14/2012

“We’ve come a long way baby” Sell 30% of you’re LONG TBT on the opening.

A.M. Look 9/14/12

Posted on 09/14/2012

AAPL…a close today over 682.48 is needed for an ORH week. Euro…is trying to complete the first major Fib swing on a 2 year look @ 131.50. GBP/USD…stops are over 163.05 tgting 164.20. EUR/JPY…102.54-86 CAD/JPY…sustaining and closing over 80.86 should … Continue reading →

X_-_United_States_Steel_Corporation_Daily.gif

Posted on 09/13/2012

A close today over 22.38 puts in an ORH day