Tag Archives: Oil
SPU/BONDS…OIL…JJG
Keep selling rallies in the S&P 500 Futures. We exited our last shorts around 1326. We just put a few back out this a.m. and will be selling the futures @ 1337-8 if they rebound again with a 1345 stop. We will … Continue reading
A.M. Look 5/12/11
For day-traders it will be another opportunity filled day ( pick your poison and your level wisely). Yesterday we bought the 30 year bonds with a 6 tick stop which we thought at the time was the lowest risk side … Continue reading
USD/NOK..Norwegian Krona…USD/SEK..Sweden Krona
Last week the Nok put in an outside reversal week to the upside which is indicative of a stronger U.S. Dollar and weaker OIL. Today we are seeing an attempt at an outside reversal day to the upside as well after … Continue reading
A.M. Look 5/10/11
The bargain hunting continues after last weeks sell off. We now have no current positions. Our trailing stop in the Aussie Dollar was elected on the close yesterday. Silver resistance is 39.75-40.00 dollars ( a 30% bounce off the recent low). 1520 … Continue reading
A.M. Look 5/5/11
Yesterday we nibbled on some Gold and Silver ETF’s.. Ouch! It’s painful to be early! The pain is only mitigated by the Short Aussie we hold against them.Silver needs to show some kind of a reversal in the next couple … Continue reading
SPU…OIL…30 Yr. Bonds
Do not press the Spu shorts here. We are at a big intra day hold # in the oil of 109.50. 124 in the 30 yr. is a big time level and will not be easily breached the first time … Continue reading
DIG
We want to put on some DIG with a 55.45 stop. ( buy) Would not go more than 30% of full position.
A.M. Look 4/14/11
More one way bets are being taken off. I would look for at least another figure in EUR/JPY, 118.50 level seems the first good sticking point. We still want to put the cross on around 117 ( long Euro/Short Yen) … Continue reading
A.M. Look 4/12/11
Yen Crosses…USD/JPY Posted on 04/07/2011 at 10:53 AM The yen futures double bottomed last night showing that the one way train in the yen crosses was very long in the tooth and a correction was afoot. The first area to … Continue reading
A.M. Look 3/29/11
The Yen weakness is leading the Greenback higher across the board. I have been looking for this turn in the dollar off the qtrly close. 115.71 is the qtrly # for EUR/JPY to close above. Euro has been putting in … Continue reading