Pro Tips

A.M. Look 12/10/10

Posted on 12/10/2010

Long term traders stay the course. Day traders..Good luck and don’t fight the directional flows. The bigger game starts next week with currency expiration’s Monday and Tuesday, and the big daddy…Stock indices Thursday. You presently have a short term double … Continue reading →

A.M. Look 12/9/10

Posted on 12/09/2010

No great insights this A.M. It’s going to be a trade what you see kind of day however, I would point out that the Spu/Bond spread on the longer time frames is getting over baked….the Stocks have remained firm and … Continue reading →

A.M. Look 12/8/10

Posted on 12/08/2010

Today will be all about price action. Do the Spu’s hold and rally back with the bonds continuing their upward march in yield? This in turn would be price positive the oil patch ect. Risk On. USD/JPY…84.40 is the major … Continue reading →

Aussie

Posted on 12/07/2010

You should be 100% out of your Aussie….

TBT..

Posted on 12/07/2010

38.20-30 TBT now becomes a key zone…. Price action above this area and the bonds and TBT can extend. Technically this is a short term double top..which means the equity markets have to hold this break for further Bond weakness … Continue reading →

Price action and stops

Posted on 12/07/2010

Spu has a short term destiny with a 1225 print. A close under 1220 spu today would signal a short term top in the equity markets. Lighten up all long exposure with a close under this level. JJG…the stop is … Continue reading →

Metals and Miners

Posted on 12/07/2010

Dr. Nenner has been looking for a possible short term high for the next couple of weeks tomorrow. There is a good chance you’ve seen it with the Silver reaching it’s upside tgt. This is why we have been telling … Continue reading →

Spu/Bonds…Aussie

Posted on 12/07/2010

Shorter time frame traders should lighten up in this spread.. This is long the Spu or SSO and Short the 30 yr Bonds ( long the TBT) The Aussie needs a good close over 100.05 to confirm higher in this … Continue reading →

A.M. Look 12/7/10

Posted on 12/07/2010

Pretty much all the technicians have similar same level in the equities and the metals. Since this is the first time up to the tgt. in the Silver it’s time to ring the register. Each investor needs to assess his … Continue reading →

A.M. Look 12/6/10

Posted on 12/06/2010

The Euro is seemingly following the weekly reversal #’s by rejecting the 134.40 area. This currency as well as pretty much all other instruments except the Gold and Silver have reversed direction since Friday’s close. The question is whether this … Continue reading →