Pro Tips

A.M. Look 1/11/11

Posted on 01/11/2011

The most interesting feature on the board this a.m. is the AUD/CAD. 97.30 ish is the level we are monitoring off a qtrly look, a good violation of this area would lead to a test of 96. EUR/CHF …124 should … Continue reading →

SPU ….EUR/CHF

Posted on 01/10/2011

You have a possible short term double bottom at 1258 (H) futures. leave your remaining trailing stops on all your long instruments as previously stated. We are NOT putting any more “risk on” trades just yet. The currency lows are … Continue reading →

A.M. Look 1/10/11

Posted on 01/10/2011

I do not see much to do this a.m. Let the day unfold. The Silver needs price action over last night’s high to show new strength while Gold keeps rejecting 1378. The March Soybeans are back to the 1350-60 level. … Continue reading →

Nasd…TBT…Russell

Posted on 01/07/2011

A close below 2267.50 in the NDH futures puts in an outside reversal day to the downside. Again this is generally a price negative pattern. The TFH ( Russell Futures) will put in an outside reversal week to the downside … Continue reading →

Currency Traders

Posted on 01/07/2011

EUR/CHF….EUR/JPY EUR/CHF approaching 124.00 is a big red flag on my work! This cross is dramatically oversold…..128.80 is Dr. Nenner’s downside tgt in the Euro. EUR/JPY will put in an outside reversal week to the downside with a close under … Continue reading →

Post UnEnjoyment Comments

Posted on 01/07/2011

The upside of the dollar looks played out for a bit, at least for the rest of the day Metals had a huge hold. Stock indices look vulnerable…The spu “late day” under 1266 ish is just not price constructive. Conversely, … Continue reading →

A.M. Look 1/7/11

Posted on 01/07/2011

Our bets have been placed. Hopefully, you longer term investors took down most of your “risk on” exposure. The stops have all been paid for across all asset classes that we are involved in. Leave all your closing stops working … Continue reading →

Unemployment Tomorrow

Posted on 01/06/2011

It’s time for Long Term investors to make a decision. We’ve come a long way in the Soxx & Financials. The Agra stocks like Pot are at nose bleed levels and are ripe for correction. Many instruments such as MCP … Continue reading →

A.M. Look 1/6/11

Posted on 01/06/2011

The stocks continue to grind higher with little or no trade to the indices. This price action is very reminiscent of how the nasd traded just before the bottom fell out in 2000, however we’ll be waiting for higher prices … Continue reading →

TBT

Posted on 01/05/2011

Follow the bonds..right now the higher yields from expected growth are being reflected in weakening precious metals/with a stronger Dollar The chase for yields in the New year is on. Spu/Bonds spread is getting to the upper retraces on a … Continue reading →