Stocks… DAX…A close above 9110 should be treated as an upside break out. XLE…looks positive. DIG…has been lagging XLE. Sustained price action and a close over 65.00 is an upside breakout. Look to play these ETF’s form the long side … Continue reading
BUY 4 CZ @ 3.61 GTC We’re placing a resting Buy order for Corn Futures just above the monthly ORH break out #. 4 Futures contracts will give you an app 10% portfolio weighting on a notional 100K account.
Stocks… Spu’s & Nasd are both higher on the month. if they maintain higher after tomorrow’s Fed Minutes release, look for this to continue into Friday’s close. Bonds … 30 Yr. Futures…need back under 141.12 close to head lower. Price … Continue reading
Stocks… Midcap 400…140420 is the 50 DMA. I’m focused on this level to run the Indices today. MVV…69.16 is the corresponding level in the ETF DAX…9115 is support. 9390 is resistance and the upside closing pivot. Bonds 30 Yr. … Continue reading
JJG…38.58 is last months close. Price action and a close over 38.80 is needed to signal a short term bounce. Corn…is oversold and is attempting to rally. (Z) could rally to 3.796 resistance. This is also the upside closing pivot … Continue reading
Stocks… IWM…113.22 is support and the low risk buy zone this week. Closes over 117.50 is needed to signal a new push higher. Bonds 30 yr. Bonds…136.17 is first support @ the 50 DMA TLT…112.95 is near term support. FX… … Continue reading
There will be no published research tomorrow, Tuesday 6/17/14. Stocks… Nasd 100…(M) minimally needs price recovery over 3780 to retest the high. Price action below 3754 could lead to a deeper correction. DAX…last night’s low is matching up with the … Continue reading
Stocks… IBM…185 is the 200 DMA support. Bonds Bunds…146.30-40 is resistance. FX… EUR/JPY…price action over 140.25-30 in this cross will keep a firm undertone to the Euro. GBP/USD…167.90 is neutral for the Pound. Good above/Negative below. Commodities… Corn…needs to close … Continue reading
I pulled the trigger on a 5% position going into the CBOT ( CME) pit grain closes. We’ll use 46.95 for a fill price for book keeping Both the Wheat and Corn put in ORH days so it was time … Continue reading
Stocks… EPI…India is the higher volume ETF vs PIN. Investors wishing to add India should leave a resting order to start scaling in EPI @ 21-20. PIN..I’d look to start a position @ 20 and then be willing to scale … Continue reading