Pro Tips

SPU….COPPER

Posted on 01/20/2011

425 is the keno level in the (H) copper to monitor.. The weekly stops are below this level. A close tomorrow below this # and this metal will go into major profit taking mode and will portend more weakness for … Continue reading →

A.M. Look 1/20/11

Posted on 01/20/2011

Bonds..They act like whale duty floating at the bottom of the Ocean. Until they close higher on the year stay the course. We’ve had enough positive scalps here that we’ll close our eyes and let the market take us out. … Continue reading →

Grains….JJG….Metals….Stocks

Posted on 01/19/2011

It’s time to close out any remaining long positions in this space. The oil is still hanging in so I will give this sector another day to show what it’s made of. The Silver and the Gold could have just … Continue reading →

Price Action

Posted on 01/19/2011

You’ve got some pretty interesting mid-week extremes going on. The present flows can maintain direction into no man’s land, after London’s close and thru New York’s lunch time. Then we’ll see if the U.S. buys the stocks back up later … Continue reading →

Euro

Posted on 01/19/2011

Having tortured myself once this a.m. shorting the Euro, I want to try it small with a broader stop over today’s high. Bigger risk= smaller position

A.M. Look 1/19/11

Posted on 01/19/2011

Good Morning and welcome to this months episode of Full Moon Trading. Today I have four levels of interest. 1) Euro @ 135…this is a potential double top level on a monthly chart. This is a low risk level to … Continue reading →

REE….Rare Earths

Posted on 01/18/2011

This is one of the MAD HEDGE FUND TRADERS favs.. The technical zone here is from 12.05-11.75. This zone is a 30% pullback for the life of the instrument. Buy a 30% position at 12.10 for longer term investors.

CAT

Posted on 01/18/2011

94.89 was last years high in CAT. This looks to be a good candidate to monitor for overall tone of the “risk on” trade this week. Price action over this level can lead to another 4-5% move up in this … Continue reading →

A.M. Look 1/18/11

Posted on 01/18/2011

The Euro areas are well defined, 132.50 below and 134.40 ish on top. Price action above 134.40 will lead to further gains. The Sterling has exceeded it’s 1st upside tgt of 160. Only a couple of closes over 161.70 will … Continue reading →

Gold….GlD….Silver…SLV

Posted on 01/14/2011

The metals are failing. Dr. Nenner’s high could be coming early. A close below the following levels today should have you out of any remaining residual longs. Those who kept that last 30% to see if we’d go back to … Continue reading →