Pro Tips

TLT…Trade Alert!!!

We’re BUYING a small position in the TLT which is a Long 30 Yr. Bond Position. We are going to Risk a close below 117 in the TLT. Futures Traders… the 30 Yr. Futures should not trade much below today’s … Continue reading

ECA…Encana Corp Trade Alert!!!

We like the chart pattern on ECA..Encana Corp. This is a cheap look with a stop below 17.45, which is now a double bottom on a weekly chart. This trade is a lead off on the NATGAS low and price … Continue reading

A.M. Look 4/24/12

Spu’s…1379-80 Nasd 100…mid to high 2680’s Oil…104.10-40 is near term resistance. Only closing over 105 shows convincing new strength. General Comments Expect some 2 way trade early with the spat of U.S. Economic data coming out. The later in the … Continue reading

NatGas Names

Everyone is in love with the NatGas names today. CHK…got some more press in the FT today. 18.29-32 is the level to watch. Buy stops rest just above this level. Players will be looking for an ORH day to signal … Continue reading

GOOG…AAPL

GOOG…low is the 200 day Mvg Avg…590.50 AAPL…completed it’s first expected swing. New weakness under 570, will lead to the next re-test area of 552-555.75.    

CQG_IC_Chart_CLEM2_-_Crude_Light_(Globex)_Jun_12_Weekly

Most markets are in cinq following the Dec/2011 lows to the recent highs.. Oil is no different… We’ve put in the Fibs of the short swing , which is the Dec lo to the high of this year.. The big … Continue reading

A.M. Look 4/23/12

Here we are, right back to last week’s low in the Equity Indices. Looking at the board, most every trade is the same trade. It’s a “Risk Off” Look. AUD/JPY…EUR/JPY…SPU/BONDS…DAX/BUNDS NASD 100…mid 2630’s will be support and a possible bear … Continue reading

A.M. Look 4/20/12

Energy contracts expire today. Both May Oil & NatGas stop trading today. We’ll start to pay attention to these instruments for opportunity. Euro…there are resting stops over 132.14. A close over this level puts in an ORH weekly pattern. EUR/JPY…is … Continue reading

Hamsteritis…w/ Trade Alert SDS

This is simply defined as scalpers disease. I’ve just taken my Meds again for this… It’s still our view that this is a big time failure up here in the Nasd and the Spu’s. Our medium term thesis is still … Continue reading

30 yr. Bonds…w/ SDS Closing Trade Alert!

The Bonds are not following through to the upside above 142.10. Meaning, I have chosen unwisely to be short the Equity Indices given the price action in the SPU/BOND spread. We’re stopped out of the QID…Let’s exit the SDS as … Continue reading