Stocks… Spu’s…1934 starts resistance with price action needed over 1937.50 for a run to 1952. Nasd 100…looks better than the broader market. 3910-15 is resistance and the closing upside pivot. AAPL…Friday’s low was a retest of the earnings report low … Continue reading
I sold a couple of 30 Yr Futures this A.M. @ 140.00. I still have a resting order at the target to sell more. This is a big macro level. The 30 needs under the hourly support @ 139.10 to … Continue reading
AAPL…96 is resistance NFLX…445 is resistance and the upside closing pivot. LCQ…Cattle is attempting an ORL day. 155.75 is mvg avg support. Weekly sell stops are @ 155.30 tgting 153.40. In short, the Spu/Bond Spread has yet to bottom. I’m … Continue reading
Stocks… Spu’s…closing back above 1940 will put the Bulls firmly back in control. 1875 is my buy zone. This is the spot I’m buying the Index to see how big of a bounce I can get. Nasd 100…3850 will be … Continue reading
I’m traveling tonight through next Wednesday. There will not be any research or Webinars until next Thursday. In case you haven’t noticed, every time I head to O’hare the markets implode. TBT Calls…after reaching over 100 this A.M. they’re quickly … Continue reading
Stocks… GPRO,TSLA,EXPELNKD,TMC,XOM & COP will report earnings today. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for confirmation of a high. Bonds have to keep rejecting this level on rallies which is the weekly ORL #. … Continue reading
SELL 70% of your Long AUG 1 59.50 TBT callsOn a 59.50 print in the TBT…this is a situational trade. Good until canceled. I want to lock in 70 % of the trade as the TBT approaches or trades @ … Continue reading
I’ve attached the 30 yr. Bond chart so you can get a sense of the pattern and the important levels. 140.15 has been the tgt zone for months. For the Bonds to top I would expect to see a spike … Continue reading