Pro Tips

EEM..EWT…GOOG….AAPL.. GE….SPU…

Posted on 03/08/2011

If we get anywhere near 1334 ish SPH (MARCH S&P) today take off at least 70% of these trades. Then raise your stops to break-even. The Euro hit big support this a.m. @ 138.60 ish. It will now be the … Continue reading →

EEM…EWT…GE…AAPL…GOOG

Posted on 03/07/2011

EEM…@ 46.02-14 EWT…@ 14.84 GOOG @ 587 GE… @ 20 APPL…@ 349 ish The above are key hold zones matching the lows today in the Spu.

Euro Bears

Posted on 03/07/2011

A close today below 139.41 cash is needed to think you’ve seen the high in the Euro.

Morning matches

Posted on 03/07/2011

Dr. Nenner has some critical momentum break down levels for the SPU and NASD right in this area. 43300 in the Copper seems to match up with these levels. Closing below these numbers are negative the equities. Those of you … Continue reading →

A.M. Look 3/7/11

Posted on 03/07/2011

It’s just another Monday with equities up, a weakening Dollar, and rates edging back up. As long as we hold Friday’s low in the equities on a closing basis, look to buy the breaks and sell the rallies. My longer … Continue reading →

Grains…Crude

Posted on 03/04/2011

There is another week of trading in the March contracts. Those that have positions should roll to (K) May or (N) July. July would give you more time and alleviate the necessity to roll again..(selling your longs in the March … Continue reading →

A.M. Look 3/4/11

Posted on 03/04/2011

Silver….34.045-33.965 is the key short term support level which is also yesterdays all session low. Resistance…34.51-52 is the start going up to 34.695. This will become a price action trade. A violation and a close below 33.965 is negative in … Continue reading →

Cat…MMM

Posted on 03/03/2011

103.45-64 becomes the resistance level to watch for a match regarding overall market strength in CAT. 3M looks destined to put in at least a 93.65 print which is the old high.

Day Traders S&P

Posted on 03/03/2011

If we’re going to get a break today it’s from this recent high,however 1312-13 is as much as I would initially look for.

A.M. Look 3/3/11

Posted on 03/03/2011

Stock Bears…The 1319-21 level will be an important resistance level today. Sustained price action above and we’ll continue higher. It will still be a day of having an eye on the oil action and we would expect the inverse correlation … Continue reading →