Tag Archives: BKX

BKX_-_KBW_Banking_Index_Daily.gif

Posted on 08/30/2012

The Banks are flirting with the 18 day. Sustained price action below will be price negative the Indices.

A.M. Look 3/27/12

Posted on 03/27/2012

Nasd 100 Futures..In the 3/2/12 A.M. Look we said, “We wouldn’t be surprised to see a 2800 Nasd”. In fact, they look to be on a mission to print 2839, a move 10 years in the making. This is a … Continue reading →

Food For Thought…

Posted on 03/13/2012

The game for the next 2 weeks is going to find low risk Alpha. “Find the names where you can codify your risk ” ( Have a defined stop) and see if you can ride the capital flow trade into … Continue reading →

Chasing Strength

Posted on 02/03/2012

Chasing strength has never been my forte, however you are getting upside breakouts in the India ETF’s and the Banking ETF’s. The choices are to buy a little on the close or wait for an opportunity mid week next, which … Continue reading →

BKX…Pattern Alert

Posted on 02/03/2012

The BKX is putting in an ORH higher week with a close over 4401    

Grains….JJG….Metals….Stocks

Posted on 01/19/2011

It’s time to close out any remaining long positions in this space. The oil is still hanging in so I will give this sector another day to show what it’s made of. The Silver and the Gold could have just … Continue reading →

A.M. Look 1/5/11

Posted on 01/05/2011

Over the past two days with the profit taking that has ensued in the metals, softs and oil has not translated into much of a correction in the the Spu/Bond spread. The operative question this a.m., is this another episode … Continue reading →

BKX,XLF,BAC

Posted on 01/04/2011

Long term investors should consider locking in some of their gains in the Financial ETF’s as well as BAC by 30%. I like this sector long term, but we’ve come a long way and some retrenchment is likely. REE…use a … Continue reading →

SSO,BKX,SOXX,Bonds

Posted on 12/22/2010

We have long exposure to the SOXX and BKX indices. These two sectors still look attractive. The risk for any long Soxx is 55 stop close. BKX ( Philly banking index) the true stop is a 49 stop close. The … Continue reading →

A.M. Look 12/20/10

Posted on 12/20/2010

Today we bring you another episode of Full Moon Trading, with a rare Lunar Eclipse twist.  ( Trend changes can happen) The Euro put in a lower last last night and is attempting to rally. While it trades like a … Continue reading →