Tag Archives: jjg
A.M. Look 6/15/11
EUR/CHF failed to get close to the big short term buy stops yesterday above 123.20 Straight USD/CHF needs all new strength over 85.50 for more Swiss weakness. Translation be wary of selling weakness at these levels in the Euro and … Continue reading
JJG…Price Action
Just to review we bought the last time down to the 200 day mvg avg. just below 50. We took 1/2 off just above 55. We were waiting for a weekly close above 55.26 for confirmation of more follow through … Continue reading
A.M. Look 6/14/11
Yesterday saw us cover almost all current positions. Whether it was our spreads or outright naked positions, we will await further price action to determine our next move. We have a lot of U.S. data coming out over the next couple of … Continue reading
Position Reminders…Stops
Some of you have already sold your REE, if not, be out by the close today. PAAS…We will be out of this long today with a close lower on the day. TBT….Another hedge that is going nowhere. This is about break even..best … Continue reading
A.M. Look 6/13/11
Currency Futures expire this a.m. at 9:15 central, Canada tomorrow. The June contract goes off the board and Sept Futures will lead for the next 3 months. The Aussie should provide the best trading opportunities over the next few days … Continue reading
Day End General Comments
Many of you took a good piece or all of your shorts off at DR. Nenner’s 2218 Sept Nasd 100 level matching the 200 day mvg avg. and unchanged on the year in the Nasd. Levels like these are rarely … Continue reading
STOPS For Current Holdings
S&P,Russell,Midcap,Nasd…(whatever your chosen instruments) we are using stops over yesterdays futures highs on a closing basis to manage our shorts. TBT…same stop as yesterday 32.20 PAAS..Needs to hold right in here. Gold & Silver…The charts in both look vulnerable to … Continue reading
A.M. Look 6/10/11
Just a note..The June currency futures expire Monday @ 9:15 a.m. Central Time. Equity index futures ( S&P…NASD 100…Midcap 400…Russell) expire Thursday @ 3:15 p.m. Central. June Bonds and July Oil expire the following Tuesday 6/21. You have noticed that … Continue reading
Price action…Risk on…REE…JJG
A close for the Midcap (M) over 952.10 today would confirm a short term low in stocks. Closes above 1287.75 in the SPM June Futures will have us cover our short S&P futures via either selling our long ETF’s or … Continue reading
JJG…CORN Etf’s…S&P
We are taking 2/3 rds of our JJG off at 59. CORN ETF… Take a piece off @ 48.60..if and when the JJG trades 59 you should be out of all remaining CORN positions SPM ( June S&P Futures) a close today … Continue reading