Tag Archives: IBM
A.M. Look 9/19/11
The equity market pattern has been Monday lows followed by rallies. We’ll see. IMM currency futures expire today at 9:15 CT.. Day traders should put the Aussie on your radar today for scalping opportunities. Keep all trailing stops active. Model Trading … Continue reading
Single Instrument Stops
Presently there is definitely little confidence that Europe can get it’s act together over the weekend. This is evidenced by the lack of follow through in the S&P failing to assault the unchanged level on the month. Like I said … Continue reading
Single Stocks
Let’s use this strength to sell 25% of our individual Longs out to pay for our stops @ the market. Long OXY Long 3M Long BHP Long FXI Long IBM Or anything else you picked up!
A.M. Look 9/15/11
We have a small Risk On Portfolio. Confirmation will be signaled by the Bunds ( German 10 Yr. Bond) closing the week below 136.56, and the 30 Yr. U.S. Bonds, which need to close below 139.07 DEC. The U.S. 30 yr … Continue reading
S&P 500 Shorts…IBM…30 Yr. Bonds
So much for that..Giving back 6 handles after having a couple of 80 point winners in the SPU isn’t the end of the world. We still have the single stock longs. Currently we are still in a small short position … Continue reading
Risk On…S&P Stop…IBM
The world hasn’t imploded…. We Sold the Spu @ app 1172.50 this A.M. Use an 1179.50 stop intraday… If Index gains hold going into the early afternoon we will consider putting some IBM into our Risk On Nibble…we will wait … Continue reading
Single Stocks…Grain Names…Metals
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
Crude…IBM
98.54 basis (Q) looks to be the top of this rally for now. Do not press direction. IBM has been on a huge tear. Based on the RSI’s, price action up here does not look sustainable. Pay attention to mid-day … Continue reading
IBM…Price Alert
The first short term support is around 148. 158.74 is the level it will need to close above by march 31st to maintain a positive pattern and not put in an outside reversal month to the downside.
CAT…IBM…GE
Price action under 98.70 is needed to run out the weak longs in CAT. IBM…Sustained price action back below 164.20 is needed here. GE… The price tgt. is about a dollar higher.. In the meantime do not fight the Spu/Bond … Continue reading