Tag Archives: Gold

A.M. Look 10/24/11

Posted on 10/24/2011

The equity markets still favor buying the hard breaks. Last night they tried them both ways. 1253 is last years close in the S&P Futures. The low 1270’s is the most we would look for on a rally early week. … Continue reading →

A.M. Look 10/21/11

Posted on 10/21/2011

The U.S. Equity markets are still a slave to the E.U. drama. The British Pound and Swiss Franc are strong against the Euro on the crosses this a.m. This is a reflection of skepticism that this weekend’s summit will provide a tangible … Continue reading →

A.M. Look 10/20/11

Posted on 10/20/2011

Metals…Stops in the Gold should be resting @ app 1596… Silver could probe down to 29.85-90 or they both may have seen lows put in last night… Same game..new day… The Equities and the entire board will continue to be … Continue reading →

A.M. Look 10/18/11

Posted on 10/18/2011

Today is shaping up to be a two way trade day. Trade your short term technicals. It’s a ” HE said She said” market” thanks to the our European friends. A note on protecting your profits… Yesterday saw us getting stopped … Continue reading →

A.M. Look 10/11/11

Posted on 10/11/2011

Lemming Effect Trading….That’s exactly what we’ve been seeing for weeks. Everybody runs one way until they run off a cliff, then pick themselves up, dust themselves off and do it again. This Lemming is tired! The Metals “last night”, and … Continue reading →

Gold & Silver

Posted on 10/05/2011

This is usually when I give my monthly dissertation about Unemployment lows in the Metals. Typically the unemployment data has historically presented us with a good trad able low. These lows have provided us with great trade location and defined … Continue reading →

A.M. Look 9/28/11

Posted on 09/28/2011

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 →

GOLD

Posted on 09/27/2011

Let’s buy some Gold at the market..Let’s nibble with a 20% piece. The optimal spot would be 1639-40 December. Those of you trading the Gld ETF…Buy some at the market with an order to buy more at 159.00. The stop … Continue reading →

Market Tone…AAPL

Posted on 09/26/2011

The other shoe is dropping.They hit the ATM in the metals complex, now comes the High flying tech stocks. This is where every investor and hedge Fund manager has sought solace during these uncertain times. As you recall, Friday I … Continue reading →

A.M. Look 9/26/11

Posted on 09/26/2011

Looks like the Asian session got a little wild last night. Let things digest a bit before you start swinging today. Gold re-traced to the 200 day mvg. avg and held around 1535. Euro…new lows for this move with a big … Continue reading →