Pro Tips

GOLD & SILVER

I am going back to our original long weighting for very long term investors in the precious metals @ the market. This is for those who have been in a very long time. I should not have fooled with the … Continue reading

Equity Indices…30 Yr. Bond Futures

Presently all new strength is needed over 1281 Spu and 2242 Nasd for upside follow through. The same can be said for the 30 yr. low…it’s a decent level to hold for now. Aussie ..shows a double top on the … Continue reading

A.M. Look 6/14/11

Yesterday saw us cover almost all current positions. Whether it was our spreads or outright naked positions, we will await further price action to determine our next move. We have a lot of U.S. data coming out over the next couple of … Continue reading

Recap…Big Picture

We lightened up or got out of most of our positions today. First they jammed a lot of people today during a very thin time of day after London’s close. Many weak market participants were run out of their long … Continue reading

S&P 500..SDS Short Stock Index Exposure

Whichever instrument you chose to short the stock indices, It’s time to take the money on 70% of this trade if you have not already done so.

Crude Oil

It’s the running of the lemmings once more. Macro stops are under 95.50 in the July Crude. The first tgt level is 92.60-93.00 which is the first 1/3 FIB back from 2009. The demand destruction from the stocks breaking should eventually … Continue reading

Position Reminders…Stops

Some of you have already sold your REE, if not, be out by the close today. PAAS…We will be out of this long today with a close lower on the day. TBT….Another hedge that is going nowhere. This is about break even..best … Continue reading

A.M. Look 6/13/11

Currency Futures expire this a.m. at 9:15 central, Canada tomorrow. The June contract goes off the board and Sept Futures will lead for the next 3 months. The Aussie should provide the best trading opportunities over the next few days … Continue reading

Big week…Food for Thought

It was a big week last week. There are many lessons to hopefully be learned from how it all unfolded. Today, I want to focus on three things: 1- Stock indices and single stocks; 2- The Euro as an example … Continue reading

Day End General Comments

Many of you took a good piece or all of your shorts off at DR. Nenner’s 2218 Sept Nasd 100 level matching the 200 day mvg avg. and unchanged on the year in the Nasd. Levels like these are rarely … Continue reading