There is not much to say except pay attention to the bonds. They will foreshadow all price action today. You know the routine ..risk on/risk off bonds down….stocks up This is a good day not to give back a lot … Continue reading →

Right now everyone is positively asleep and catatonic! 133.17-24 in the (u) 30 year should have your undivided attention for the remainder of the day into tomorrow. A violation of the area should give the stocks a little kick in … Continue reading →

Spu…long term buy stops 1098.50 1127.50 long term sell stops 1037 1026 1006 Silver…19.80 is this years high Pay for your trades and take something off the first time back up into this zone against $20 Typically unemployment Fridays have … Continue reading →

The overnight risk in the equity markets has past. The Nasd and Spu have held for now. If you want to buy with a tight stop at least you can now manage the position. Aussie..I am going to use a … Continue reading →

Can we follow through with the equity rally into tomorrow or longer? Since I won’t know until after unemployment Friday and we don’t have tomorrow’s closes today let’s take stock in what we can glean from the clues around the … Continue reading →

Keep your eye on the Yen today You have a potential double bottom in Usd/Jpy around 83.60 ish in the cash.. The commensurate level in the futures is 119.60 ish.. All that’s left is to see if the retail Lemmings … Continue reading →

While the metals look very good I have to ask, if this is another rally to nowhere in the equities off a nice weekly double bottom pattern? Since nobody is 100% sure until after the fact I’m taking 50% of … Continue reading →

It’s the last day of the month and the first team is still on vacation. I have to admit I was out of step with the Sunday- Monday trade. The markets have a small chance to hold here. Again look … Continue reading →

Usd/Jpy A close below 84.27 usd/jpy is needed to push the Yen higher ( app 118.66 in the futures) Eur/Jpy has done a 50% retrace of 2 figures in last nights session from the 105.50 bottom. The Eur/Jpy cross and … Continue reading →

A close over 1060 is needed today for an outside reversal day to the upside. Technically any longs pressing direction above 1060 into 1061.80-1064.50 the first time up will more than likely to not be very happy. This is a … Continue reading →