Tag Archives: Gold

GLD…Trade Alert!

Posted on 06/20/2013

Buy the GLD with a stop at today’s low Futures traders Use today’s low for your stop.

Precious Metals

Posted on 06/20/2013

So far there is not much of a bounce. 1265 Gold is still a descent place to look for a bounce, however we are going to wait to buy and hold for a longer time frame trade. The simple reasoning … Continue reading →

A.M. Look 6/20/13

Posted on 06/20/2013

Stocks.. Spu’s…there are resting sell stops @ 1596. We’re presently sitting on daily support @ 1606 In Sept. Bonds… 30 Yr. Futures…136.00 +- a few is the qtrly tgt and a go or no go level for another move, which … Continue reading →

A.M. Look 6/19/13

Posted on 06/19/2013

Today will not be a day for Amateurs, I’m writing Cash & Futures prices only today. Stocks.. Bonds… The 30 yr. owes me at least one little wiggle up today. Price action over 140.04-06 and it can keep on wiggling! … Continue reading →

A.M. Look 6/17/13

Posted on 06/17/2013

Stocks.. Spu’s…are at resistance and very near the closing upside pivots. Spu/Bonds… are once again hugging the 18 day making new direction tough to discern. Bonds… We’ll look tomorrow for the next move. FX… AUD/USD…96.73 is the next resistance. Closing … Continue reading →

A.M. Look 6/11/13

Posted on 06/11/2013

Stocks.. Spu’s…1626 is where they held on Friday. There will be stops below. Bonds… 30 yr. Bonds…could break another point. We’ve been out of our shorts for 2 points and we’re reticent to sell weakness. FX… AUD/JPY…90.06 is the tgt. … Continue reading →

A.M. Look 6/7/13

Posted on 06/07/2013

Gold & Silver…I have no good ideas or a game plan. Spu’s…1634-36 is 1st resistance & tgt. 1645 on an initial rally off the number should cap an overshoot. SSO…79.85 & 8085 are the corresponding levels. TBT at 64.40-20 with … Continue reading →

A.M. Look 6/5/13

Posted on 06/05/2013

Stocks.. Spu’s…we’re smack dab in the middle of a 25 point range. The downside breakout is 1620 sellers. Spu’s have to go 1631 bid to avoid lower. Nikkei…has to hold 12,940 Bonds… It’s all about Friday! FX… EUR/AUD… 136.86 is … Continue reading →

A.M. Look 5/30/13

Posted on 05/30/2013

JJG…as long as this maintains above 51.40 this formation is positive. A close over 53 will lead to a rally towards 54.40. CORN (FUND)…this is a weekly trend line break out above 41.70 going back to last August. CN…(July Corn … Continue reading →

Further Notes

Posted on 05/29/2013

XLP…trailing closing stop is 41.40. AUD/JPY…macro sell stop are 96.80. Match this area up with 1642 close in the Spu’s and 2980 Nasd 100. AUD/JPY is a surrogate Risk Cross. If the Equity Indices hold so will the cross. Gold…needs … Continue reading →