Tag Archives: Fed Minutes
A.M. Look 7/29/14
Stocks… ABX…breaks out to the upside over 18.80. FCX…gains upside momentum over 38.50. MELI…​strengthens with a close over 92, which then gives it potential to reach 100. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for … Continue reading
TBT & TLT
So you want to play the Fed announcement?Lucky you, there are Friday options expiry in the TBT and the TLT. They are the June 2014 options which go off Friday at the close. This idea is for those in front … Continue reading
Midday Missive
Euro…the resting buy stops are over 138.80, today’s ORH# Gilts…a close today over 110.30 puts in an ORH day. Today’s low is it’s 200 DMA. KBE…a close over 32 will provide short term bottom to trade against. IBB…has held for … Continue reading
A.M. Look 4/30/14
Stocks… Spu’s… closing over 1874 will run out the short sellers. 1864 was the qtrly close. Since it’s month end this will become a big pivot late in the day. Good above/Negative below. Late price action below 1860 (last weeks … Continue reading
A.M. Look 12/18/13
FX… GBP/JPY…closing over 168.10 today will have investors pushing this cross higher into year end. General Comments or Valuable Insight I bought a few options yesterday in case the Bonds have another Fed moment and break a couple of points. … Continue reading
A.M. Look 10/9/13
Stocks.. Bonds FX GBP/USD….are testing the 159.40 pivot level. They either bottom right in here or break another 200 points. USD/CHF…is putting in an ORH day. The Swiss Franc is breaking back to the downside, which is reflective of less … Continue reading
A.M. Look 7/10/13
Stocks.. Spu’s…1657 is the next measured tgt. Bonds… 30 yr. Bonds…still need to sustain above 134.00 for any upside to materialize Bunds…143.15 is the first level to look for price rejection. FX… AUD/JPY…92.77 is the 200 day mvg avg.is resistance … Continue reading
Today’s Reversal levels for the Equity Indices
A close below these levels would be needed to signal a high for a sell off. Nasd 100…3008 SPU’s…1660 TFM…9931 Midcap..120770 SDS…38.62 (above) since this is a double short. The Midcap 400 is leading the profit taking. The Banking sector … Continue reading
EWZ iShares Brazil Daily
Keep a weather eye on the emerging markets for bottoming signs today. This would need a close over 55.08. The Mid-Week shuffle involves ( Often Times “rip your face off” contra-trend direction) or markets that are trying to turn direction. … Continue reading