Pro Tips

TBT…30 yr. Futures

Posted on 03/16/2011

If the S&P starts printing over 1264 late in the day I will start bottom fishing in the TBT for a 20-25% piece. We were originally hoping for the low 34’s. The Number set in the Spu is as good … Continue reading →

Meltdown?

Posted on 03/16/2011

Short term traders should be aware the big zones and the matches based off the (H) 30 yr. Bonds for reactions in the SPU/BOND spread. The march bonds could get to just over 126 on a panic and complete the … Continue reading →

AAPL

Posted on 03/16/2011

337-338 is a key closing level on the monthly chart. 321 is the first downside level for a bounce 303 is the first major buy zone.

IBM…Price Alert

Posted on 03/16/2011

The first short term support is around 148. 158.74 is the level it will need to close above by march 31st to maintain a positive pattern and not put in an outside reversal month to the downside.

A.M. Look 3/16/11

Posted on 03/16/2011

It’s the mid week shuffle. The stocks did a couple of Fib round trips last night to put in an 18 handle range in the S&P. Traders thinking there will be follow through on a breakout in either direction will … Continue reading →

S&P 500…SPM

Posted on 03/15/2011

The short term upside breakout is 1265. Today’s Fib resistance comes in at 1283-84

Partial Shopping list for a further meltdown…USD/CAD

Posted on 03/15/2011

JJG..45.90-42.50 this is the level for long term traders to scale in. GE….16 AAPL…272-254 SLB…74 ish give or take REE…this should have a bounce from 9.50 TBT…34.25-80 is the first good buy zone for longer time horizon traders. TLT…96.25 is … Continue reading →

A.M. Look 3/15/11

Posted on 03/15/2011

Night Owl Trading. The Spu got the stops under unchanged on the year ( where it closed Dec 31/2010) This is significant for all those buy side private wealth managers whose mantra is to just buy and average forever. They … Continue reading →

S&P 500…USD/CAD

Posted on 03/14/2011

1283.60 is the # the March Spu rallied from the end of January. The June’s are now the lead month and have recognized the level.1277 is a level in the June that should not be pressed by shorts the first … Continue reading →

Aussie…Uranium Stocks…CCJ

Posted on 03/14/2011

The resistance in the Aussie should now come in @ app 101.60 cash or 100.65 June futures. Many of the uranium stocks are trading below their respective 200 Day Mvg.Avgs. Price action back above 30.34 CCJ and 3.90 Euc will … Continue reading →