Pro Tips

Gold

Posted on 11/09/2011

We have been speaking about buying mid week weakness in the Gold in the 1760’s to low 1770’s. Given that we can’t be in front of the screen all day today ( meetings), we’ll leave it up to each investor … Continue reading →

A.M. Look 11/9/11

Posted on 11/09/2011

The Boom Boom man’s exit (Berlusconi) is certainly unsettling the markets. If this were the 70’s I’d be looking for the scotch tape to paste another sheet of graph paper to the bottom of my Italian 10 yr. Bond chart. … Continue reading →

A.M. Look 11/8/11

Posted on 11/08/2011

The even $100 dollar levels in the Gold seem to be sticking areas. 1800 should provide some natural resistance. Given the opportunity, we’ll look to buy a 30-40 dollar break later in the week. General timing comment…we’ve been seeing 2 … Continue reading →

MCP…FCX…Miners

Posted on 11/07/2011

The metals are clearly in play. It’s time to start looking at the miners with the lowest risk profiles. Molycorp and Freeport both look good against today’s low. Put these on a buy on a break list, against today’s lows. … Continue reading →

A.M. Look 11/7/11

Posted on 11/07/2011

There is not much to do with the Equities and Bonds. They are range bound, being held hostage to Europe’s woes and inaction. Sustained price action over last night and Friday’s high in the S&P will be needed for some … Continue reading →

A.M. Look 11/4/11

Posted on 11/04/2011

It’s almost over,my eyes are getting tired at the end of another hectic week. Day Traders… The oil just traded up to the 200 day mvg avg.,just shy of $95/bbl. Watch for market tone, this is a Risk On indicator. … Continue reading →

Stocks & Oil

Posted on 11/03/2011

I’m obviously Bullish Risk Assets… OIL…The near term stops in the oil are just over 94.65, last month’s high. Don’t get too exited up here the first time. The 200 day mvg avg comes in just shy of 95. Always … Continue reading →

A.M. Look 11/3/11…W/Utilization Note

Posted on 11/03/2011

First a utilization note to our shorter term clientele that have recently joined up. We write levels we feel will encounter significant price rejection the first time into the # set. These levels also act as pivots. The levels can … Continue reading →

GOLD

Posted on 11/02/2011

1747.50-1770 is the death zone for those trying to buy strength into this area the first time up. All new closing strength over 1770 is needed for another leg up. If you’re involved sell at least 30% of your holdings … Continue reading →

Risk Assets…Our Portfolio

Posted on 11/02/2011

Our Risk On portfolio has now rallied to the first exit levels in every instrument. All trades ( stops have been paid for) by selling 25-30% of the longs. As always we leave trading style and size up to the … Continue reading →