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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
CAT…XOM
Cat was up big in pre-market. It has now traded unchanged on the day. Price action under 94.40 is needed for a full flush of long positions. Watch for tone. XOM…Dr. Nenner put out an 80 tgt. a couple of … Continue reading
A.M. Look 1/27/11
Monty Hall here. Pick your doors wisely today. EUR/JPY…..113.90 is a big closing area in this cross matching EUR/CHF…..129.50….Only sustained price action above these levels will lead to more short term Euro strength. Silver, Gold, and Oil all went up … Continue reading
Relative Value
There is not much I don’t think is too rich on the board, however CCJ ( Cameco) FCX ( Freeport McMoran), GE seem to be instruments where you can at least quantify your risk. FCX is off close to 20% … Continue reading
Oil Futures…SDS…REE
Place an order to take 50% of your Long Oil futures off at the 87.50-60 level. Use a break even stop on the remainder. This somewhat mitigates me being anxious yesterday and not using a stop close with the SDS. … Continue reading
OIL Futures
Futures traders..Oil has trapped the shorts. This is worth a small buy with a 35 cent stop.
A.M. Look 1/26/11
Pick your dates wisely this A.M. Trading has become a scene from the match game. It’s all about picking the right door. ( The hot stock of the day) We got a little premature leading off in the Spu yesterday. … Continue reading
SPU…AUD/JPY….CAT…XOM
1279 will be a big pivot for further weakness in the Spu. Price action under 81.50 AUD/JPY will confirm more stock weakness. CAT…All week the big support zone is 92.20-50. Put it on your price alerts. XOM….Price action under 77.75 … Continue reading
3M (MMM)….TBT…30 Yr.Bonds
87.25 is the key weekly hold # for 3M. A close below this level would put in an outside reversal lower week. The Bonds are in the middle of nowhere with little momentum. They’re still a range scalp. I would … Continue reading
BAC…Bank Of America
We’re looking for a 13.50 print here. 13.14 would be a lower risk level to buy at. Watch for overall sector tone.