Many of the instruments we purchased yesterday are up between 3-4% Pay for your stops..I.E. sell out 20-25% of your long position to trade on the house Money!
Yesterday had us go to a Risk On footing with a suggested Long portfolio. The low appears to have been put in Interest rates in Europe as well as the U.S. We are treating the Bunds and the U.S. 30 … Continue reading
The 30 yr. Bonds have a destiny with the low 141’s for a start. Think SPU/BONDS…Long stocks / Short Bonds.. Now you have to pick the stocks that are down the most and that have rallied back the least today. … Continue reading
China was the only Stop Close only elected…We are Long FXI If you bought DE let me know so I can write a stop.
I’ve been flipping through the chart patterns of many well known names. CAT,OXY,FCX,BHP,DIG,DE to name a few. For the most part all these patterns are very similar to the S&P 500 Futures. The Spu has gotten the stops over yesterday’s … Continue reading
There is a huge end game setting up for the end of the qtr. ( Thursday’s close). Last night’s lows in the equity indices are key levels to watch if the indices are to hold. We will be in wait … Continue reading
There are big natural resting stops below these #’s in the Indices…Keep them in front of you. There is a huge end game setting up for the end of the qtr. ( this months close). A close under 1249 in … Continue reading
We lightened up or got out of most of our positions today. First they jammed a lot of people today during a very thin time of day after London’s close. Many weak market participants were run out of their long … Continue reading
You have a double bottom in the 30 yr. futures at 118.14. DE under 96.25 is negative the board CAT …a weekly close under 108.61 would confirm a near term top. Not only would this put in an outside reversal … Continue reading