Tag Archives: PAAS

A.M.Look 5/21/13

Posted on 05/21/2013

AUD/USD….98.35-40 is resistance and the upside pivot. Buy stops for this swing are 98.80. Those short the Aussie should use a break above the aforementioned level as your trailing stop. GDX…28.75-29.20 is resistance. This is the field of broken dreams … Continue reading →

Miners

Posted on 03/06/2013

AUY,NGD,NEM,ABX,PAAS, These names are all attempting the same Pattern as the GDX…ORH days. We still have a lot of time left. Money Never Sleeps….Gordon Gekko You’re seeing the buying of dollars coupled with profit taking in many high flying instruments. … Continue reading →

A.M. Look 9/27/12

Posted on 09/27/2012

Metals…Yesterday’s lows in the Gold, Silver & GDX should be used for short term money management on Long positions. Miners… BHP…66.81 was the 2/3rds coming back on the month. This needs to bounce from this level or lower levels will … Continue reading →

A.M. Look 7/1/11

Posted on 07/01/2011

The Aussie ,Canada,Suisse and EUR/CHF are all in play today. Please refer to the recap levels yesterday. 122.96 EUR/CHF should be a difficult level. The straight Suisse futures are attempting to put in an outside reversal week, however the USD/CHF … Continue reading →

A.M. Look 6/30/11

Posted on 06/30/2011

Today is month and Qtr’s end. Expect late day window dressing. Time Frame trading…a whole new game can start after 4 P.M. EST today into tomorrow. Read Yra!…Low rates = the yield chase continues These currency levels are from yesterday,they … Continue reading →

Stock Indices…Metals & Miners

Posted on 06/29/2011

We’re now at the levels that will either hold or they won’t. So anyone trying to be long should not risk much. “Not much more than a couple of handles below today’s low.” If your Bullish this is the area… … Continue reading →

A.M.Look 6/27/11

Posted on 06/27/2011

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 →

Metals…Miners

Posted on 06/22/2011

Per yesterday’s A.M. Look.. We will be increasing our long metals exposure with a close over 1552 August gold. “This is a live order”…. We will do this via the ETF’s GLD & SLV.. The Miners should also be on … Continue reading →

Price Action…Risk On…Oil,Miners,Gold

Posted on 06/21/2011

There are many instruments showing bottoming chart patterns. Yesterday we spoke about the Oil Etf’s, today should have you looking to the Miners for value: GDXJ,NEM,PAAS,BHP,FCX,SLW all have similar patterns… A close today in AAPL above 320.30 is positive, further … Continue reading →

Resend…Qtrly levels

Posted on 06/15/2011

There are big natural resting stops below these #’s in the Indices…Keep them in front of you. There is a huge end game setting up for the end of the qtr. ( this months close). A close under 1249 in … Continue reading →