DXJ…we’ll be buying this by the close today as long as the U.S. closes strong. BRKA…slow and steady without the volatility. We’ll be looking to add this by the close today. AGN…the weekly looks great. ACT…Actavis reports 2/18…the … Continue reading
Sell DXJ @ the Market! The S&P 500 has failed to hold a rally. Better to take a little lump than a big thump.
Stocks… DXJ…remains positive with the falling Yen. This ETF is heading for a retest of the 2013 high of 53.94. Bonds … 30 yr. Bonds…(Z) 136.00 will run the price action today. Short covering above, weak below. FX… AUD/USD…89.16, last … Continue reading
ETF Traders & Portfolio managers.. HEDJ…Long European Equities with a short Euro hedge. The Risk is a close back under the 200DMA @ 56.40 DXJ…Long Nikkei with a short Yen hedge. The risk is a close under 49.50. They are … Continue reading
Stocks… DXJ…gains upside momentum over 50.10. XLE…the energy SPDR is looking good. This has room to run to close to 100. Bonds … 30 yr. Bonds…140.21 is first support. The point & figure chart has room for a move to … Continue reading
Stocks… Targets remain the same. DAX…94.77-95.15 is weekly resistance and the closing upside pivot. Now that we’ve broken above this zone I’m looking to buy a 100 point pull back HEDJ…56.60 is the buy zone for this ETF. Buy breaks … Continue reading
Stocks… DAX…today’s resistance is 9378. Sustained action above should lead to a test of the 200 DMA @ 9500. DXJ…put in an ORH day on Abe new stimulus plan. 50.35-66 is short term resistance. Closing over this level tomorrow starts … Continue reading
looking for leverage for some upside exposure into qtr end? EWP…July 14 45 calls in the low 20 cent area. DXJ…July 3 50.50 are trading around 25 cents. AAPL…July 3 92 calls in AAPL are trading app .60 cents These … Continue reading
Stocks… Nasd 100…we’re back to the March levels in Nasd. 3700 is resistance and the closing upside pivot. Price action today under 3675.75 will lead to profit taking by weak longs. Nikkei… is testing it’s 200 DMA (14,750). This is … Continue reading
Stocks… Nikkei..is attempting an ORH week with a close over 14,490. DXJ…The lotto ticket for those looking for leverage on an upside breakout is the 47 or 47.50 “30 May Call” or the “June 6 Call”. Caveat Emptor…I’m not a … Continue reading