Tag Archives: Gold

Single Stocks…Grain Names…Metals

Posted on 08/11/2011

Investors who wish to be involved with individual instruments should consider IBM,MMM,Cat,OXY,XOM,JNJ to name a few. The Grain names have already bottomed. The trade location is not good in this sector, however a close over 68.30 in MON ( 200 … Continue reading →

A.M. Look 8/5/11

Posted on 08/05/2011

Gold & Silver…yesterday’s lows were great in both. Now we have to see if we hold those lows on the unemployment #( which have typically been the lows for the rest of the month). Moreover, the gold needs to close … Continue reading →

Gold & Silver

Posted on 07/27/2011

Key closing #’s to remain above.. 1608 Gold 40.13 Silver Closes below put in outside reversal patterns to the downside.

USD/CAD…Stops…Safe Haven Price Action

Posted on 07/27/2011

Currently USD/CAD is having difficulty with the 94 level. A close today over 94.80 will have us sell the remainder of this position. We’ve been stopped out of Cat…( “The dog with the least amount of fleas” Gordon Gekko ..after … Continue reading →

A.M. Look 7/25/11

Posted on 07/25/2011

For those of you that don’t already read Yra,you should!, He was a particularly interesting read last night. http://yrah53.wordpress.com/2011/07/24/cancan/ There will be a lot of posturing this A.M. across the currencies and equity Indices, waiting for our fearless leaders to … Continue reading →

A.M. Look 7/21/11

Posted on 07/21/2011

Let’s just take a minute to speak about last night’s price action. The metals came close to retesting the weekly highs, while the stock indices tested the support levels we spoke about in yesterday’s A.M. Look. Euro had a big … Continue reading →

SPU…Gold…Price Action

Posted on 07/20/2011

The best of the good news is out. Is this the high for a big sell off again or not? 1315 seems the lowest risk level for short term traders to try a long ( or minimally, not press shorts) … Continue reading →

A.M. Look 7/20/11

Posted on 07/20/2011

USD/CAD The Game plan remains the same with the Canadian Dollar ( USD/CAD-FXC).  Sell 25% of your long FXC on a running of the long term stops @ 94.45 USD/CAD. Sell 25% of your Long FXC near Dr. Nenner’s Tgt … Continue reading →

USD/CHF…Gold

Posted on 07/19/2011

Matching up the pieces of the puzzle. 82.75-90 USD/CHF will be dollar resistance the first time in. This is app 120.60-70 ish in the Futures. This level should match up fairly well with the Gold around 1575. Any short term … Continue reading →

Gold & Silver…Pattern Alert

Posted on 07/19/2011

1591.40 is the important closing level for the All-session contract. A close below would put in a very trad-able high in the Yellow Metal. Silver…39.64 is the closing # Why, Bonds have rallied creating a full on rush to find … Continue reading →