Tag Archives: jjg
A.M. Look 6/9/11
This morning shows 127.19 to be a level of great interest in the (M) 30 yr. Bond. Price rejection at this level could lead to a double top pattern on the weekly. Bonds are getting into overbought territory. If this happens … Continue reading
USDA CROP REPORT…CORN, WHEAT,JJG
The crop report will be coming out tomorrow. The shorts appear to be on the run today. The Corn P&F sent Monday has not broken down. Wheat did not quite get to our optimal buy zone. Why am I going … Continue reading
A.M. Look 6/8/11
The Nasd will have a total breakdown with a Futures close below 2266. AAPL… 322- 324.80 will be another good market tell. This represents the last of the monthly support and the 200 day mvg avg. Only sustained price action … Continue reading
A.M. Look 6/7/11
We had a swing and a miss in the Corn yesterday. At least it was over fast! Our plan is to keep selling the rallies in the equities. Currency traders should be very wary of selling any kind of weakness … Continue reading
A.m. Look 6/7/11
First a BIG Thank you for the hospitality and warm welcome shown by the San Francisco Traders Association this past week. I should be able to focus by Thursday! We would also like to thank the Mad Hedge Fund Trader ( … Continue reading
A.M. Look 5/31/11
Some of the futures traders were taken out of their short S&P500 futures positions early last night. ETF traders should leave there stops in place. 1346.25 S&P 500 Futures is going to be a key level to close over for … Continue reading
Position Update
We have new people coming on board all the time. I will start with tomorrow’s A.M. update stating current positions on the bottom. It is important to understand that we trade rarely! Our focus is to keep our active traders, … Continue reading
A.M. Look 5/25/11
Risk off continues with Short Euro or Aussie vs. Long Gold. Gold and Silver are both lower on the month and extreme care should be taken watching your short term technical levels. The concern being that with the U.S. Dollar … Continue reading
A.M. Look 5/24/11
Be patient today and wait to trade on your own terms. 141.60 ish Euro seems a low risk level to try and sell today with a tight stop. It is a little early to tell whether or not the Spu … Continue reading