Every so often I will write something like this to give you my big picture thinking, think of me as your quarterback. I want to talk about one of out Private Wealth Clients, who is someone we can all learn … Continue reading
We sold 50% of our long Stocks and ETF’s for a decent profit yesterday. Keep a break-even stop on the remainder of your holdings. Gold..we took a very small look at this instrument via the GLD. Futures traders got your trade location … Continue reading
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
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
92 level in oil matches 51.65 in the DIG ETF..( first good resistance) All new strength is needed over these levels for follow through to the upside.
A close today above 35.88 puts in an outside reversal day to the upside. If the equity indices are going to remain firm, this will be a place to look. Also, Dig now starts to look interesting again. Support is … Continue reading
A close for the Russell above 81890 puts in an outside reversal day to the upside. A close for DIG ETF ( ultra oil & gas) puts in an outside reversal day to the upside. This one comes with a … Continue reading
Let’s start where we left off.. April 15, 2011 9:46:16 AM CDT DIG…The real stop for this Etf is 55.40, however those that do not wish to risk that much can use 56.20 close. You should take 2/3 rds of … Continue reading