Tags
30 year Bond Futures AAPL AMZN AUD/JPY Aud/Usd aussie Bund CME Group Futures Copper Crude Oil Dax DJI EUR/AUD EUR/JPY Euro FB Forex Markets GBP/USD Gold GOOGL Grains IBB jjg NASDAQ 100 Futures NATGAS NFLX Nikkei Oil Risk On Trades S&P 500 Futures Silver SMH Soybeans Spu Spu/Bonds Stock Indices tbt Technical Trading TLT Trade Alert USD/CAD usd/jpy VIX Yen Yra Harris
Pro Tips
Pattern Alert…MCP
You have a potential weekly double top in Molycorp @ 30.20 Since we occasionally use this as a surrogate trade for Copper, it should be monitored for general Risk bias. Strong Copper prices are indicative of general “Risk On” demand. … Continue reading
Position Update…SDS
I am leaving this stop alone..”17.90″ You should have sold out a portion of all other LONG instruments to pay for your trades.
A.M. Look 1/17/12
We have a Risk On Bias in our portfolio after adding the Oil Etf’s and the Aussie late Friday, un hedged against the Long SDS. The capital flows clearly show Europe looking for safe places to protect their assets. GOLD… … Continue reading
XLE…DIG…OIL
The chart patterns are conflicting. While XLE and Dig are attempting outside reversal downside weeks, the oil is not. While the Oil put in a daily outside reversal yesterday the ETF’s did not. If this is all the damage the … Continue reading
XLE…DIG…FXA ” Aussie”
We are buying a very small position in Dig and XLE Leave the stop as is in the SDS This will leave us with a small risk on bias. The Aussie is still holding. For those that can’t trade futures … Continue reading
Position Update
Long SDS Long MOO Long JJG These trades have been put on as a spread, meaning there is an equal weighting short the broader Mkt Vs Long the Grain sector. Those of you who led off in the Oil etf’s … Continue reading
30 yr….SPU/BONDS…Euro
145.20 in the 30 is the next area to watch for a reaction in the spread. 1255-59 is the bigger support in the Spu’s. I’m still looking for that 1259 print. Euro…126.87…Short covering can occur back over this area, yesterday’s … Continue reading
Short Term Day Traders…SPU/BONDS
SPU/BONDS Start keying off of 144.20 in the 30 yr. More strength above is needed for stocks to weaken further.
A.M. Look 1/13/12
Oil…100.55 close now becomes a similar level to 105-105.31 All new closing strength is needed over these levels for new upside. Brent shows the same pattern with new closing strength back over 112.20 needed. Short term sell stops are 98.30 … Continue reading
Pattern Alert…Crude Oil
A close below 100.55 puts in an outside reversal day to the downside , however this recent spike low of 99.02 is more relevant. That level is unchanged on the year!