Tag Archives: BHP
General Comments
After some panic buying this A.M. our upper tgt’s were hit in the EWZ, close enough in the TBT, and to the tick in the 30 yr. Futures. We’re looking to Buy hard breaks in Risk assets and Sell hard … Continue reading
X…PIN…EWZ…BHP…30 Yr. Bond Futures
X…Buy a little of this at the market if you want it. Add @ 20.40. PIN…17.15-20 is the low risk buy zone. EWZ..closer to 54 BHP…66.23-40 is the lower risk entry level. 30 Yr…147.31 (U)…146.16 (Z)…now become big pivot levels. … Continue reading
General Comments
Today’s game is in the beaten up Mining names and the energy ETF’s. FXI…Looks ok against 33.25. MCP…13.49-14.35 will be the level to not buy strength into the first time up. This looks to like it wants to test 15. … Continue reading
Miners…Cat
This is a mixed bag…BHP & FCX look good, however NEM & SLW can’t get going with the Gold sell off. Since NEM & SLW are close to our entry points, we will sell these longs by the close today. … Continue reading
Risk On Portfolio
All the big cap High Yielding Multinational names are trading better than the overall stock indices. In the mining sector, FCX and BHP are following through confirming the upside patterns from yesterday. I think you’ll have better luck trading the … Continue reading
A.M. Look 9/19/11
The equity market pattern has been Monday lows followed by rallies. We’ll see. IMM currency futures expire today at 9:15 CT.. Day traders should put the Aussie on your radar today for scalping opportunities. Keep all trailing stops active. Model Trading … Continue reading
Single Instrument Stops
Presently there is definitely little confidence that Europe can get it’s act together over the weekend. This is evidenced by the lack of follow through in the S&P failing to assault the unchanged level on the month. Like I said … Continue reading
Single Stocks
Let’s use this strength to sell 25% of our individual Longs out to pay for our stops @ the market. Long OXY Long 3M Long BHP Long FXI Long IBM Or anything else you picked up!
A.M. Look 9/15/11
We have a small Risk On Portfolio. Confirmation will be signaled by the Bunds ( German 10 Yr. Bond) closing the week below 136.56, and the 30 Yr. U.S. Bonds, which need to close below 139.07 DEC. The U.S. 30 yr … Continue reading
A.M. Look 9/14/11
Yesterday we picked up a few names in a small way. Keep the tight stops in place. SPU…The range was very big last night. We will monitor the price action to see if there is a low risk level to … Continue reading