Tag Archives: Financials
A.M. Look 9/16/11
It’s going to be a long day and my interest lies with the end of day trade. “Where we close”. Yesterday saw us cut our “Risk On Book” by 50%. WHY? Caution, and as one of my friends always preaches..” … Continue reading
A.M. Look 2/3/11
Spu is now showing a double top on the point & figure all sessions chart @ 1306. 1283.50-1290 will be support and a bear trap the first time down. 30 Yr. Bonds….unfortunately we have no position, however macro stops remain under 119.08-119.00, … Continue reading
A.M. Look 1/26/11
Pick your dates wisely this A.M. Trading has become a scene from the match game. It’s all about picking the right door. ( The hot stock of the day) We got a little premature leading off in the Spu yesterday. … Continue reading
Cheap Look…Financials
Buy the XLF at the market with a 16.15 stop. With the bonds getting crushed and the stocks firming This is a good place to play.
Price Action
You’ve got some pretty interesting mid-week extremes going on. The present flows can maintain direction into no man’s land, after London’s close and thru New York’s lunch time. Then we’ll see if the U.S. buys the stocks back up later … Continue reading
BAC ( Bank Of America )
Bac has a tgt of 14.70 with the timing component topping by the end of the week. Take the remainder of your BAC off the table against this level. Sell the remaining piece at the market.