Tag Archives: Loonie
A.M. Look 9/9/19
China reportedly bought 100 Tons of Gold. Gold and Silver held last night. The jury will be out until Thursday’s ECB meeting whether this is a pause in the rally or there is more to come. Silver vs Yuan & … Continue reading
Midday Missive
Pot Stocks all ripped off early Spoo weakness. Per room discussion, they bottomed earlier in the week. Trip advisor is just starting to go. Loonie has been ripping all A.M. after their blowout numbers. CAD/CHF needs to be monitored for … Continue reading
Pattern Alert Canadian Dollar
USD/CAD is putting in an ORH Day ( Canadian Futures ORL). This is a topping pattern for the Loonie.
USD/BRL ( Brazilian Real)…USD/CHF ( Swiss Franc)…USD/CAD ( Loonie)
177.70 ish USD/BRL should be a reasonable Risk On barometer. Under this USD/BRL level, Risk assets will be in vogue. Over, ( trading towards 180) Risk assets will be less attractive. The Swiss Franc keeps attempting to come back to … Continue reading
Recap..
We have paid for our stops in the equity index futures. If you haven’t already, pay for your stops by the close in the miners. I.E. Sell a portion of your long position, so no matter what happens, you do … Continue reading
A.M.Look 6/27/11
There is a huge end game setting up for the end of the qtr. ( Thursday’s close). Last night’s lows in the equity indices are key levels to watch if the indices are to hold. We will be in wait … Continue reading
SPU…USD/CAD
You’ve seen the re-test of the reversal close of the all session chart of 1313. Let the market digest for the next few hours. The easy money is over for the day. This goes for the currencies as well. The … Continue reading
A.M. Look 3/1/11
Bernake testimony will be the key news driver today. The Euro is still holding the resistance on the chart pattern and we would like to see the Dollar close higher today across the board. Again, there is no need to … Continue reading
Day Traders
Euro 135.80 ish Canada futures…101.25-36.. These are low risk levels to sell against.