Tag Archives: Precious metals

A.M. Look 1/12/12

There is a lot on tap this A.M….ECB & BOE Rate decisions….USDA Crop Report Copper…This is trying to break out to the upside. MCP is a good way to play this. Buy breaks with a 26.30 stop to see if … Continue reading

A.M. Look 1/9/12

Euro…This is having an oversold bounce. It will be interesting to see if this can turn into a short rout given a few days of price action. Aussie…needs a close over 103.80 for an upside breakout or under 100.30 AUD/USD … Continue reading

Gold & CAD | A.M. Look 1/6/12

Gold…Food for thought… Last month on unemployment the Gold was $140 higher. Will we get another unemployment swoon, or will we revert back to the norm of the past few years and put in a trad able low for the rest of … Continue reading

Day Traders

Sustained price action under 99.40 AUD/USD is negative. This could lead to a test of the 98. AUD/JPY…76.90-76.50 could be in the cards with more selling of Dollar denominated assets and the straight buying of Dollars. Spu’s…every new low can … Continue reading

A.M. Look 12/9/11

The big day trade continues. The main features of the market continues to be 2 spreads. The Italian 10 yr (BTP) vs the German 10 yr. (Bund) and of course SPU/Bonds “Long the S&P 500 Futures and short the 30 … Continue reading

A.M. Look 11/21/11

It’s a Risk Off World! There are just too many factors weighing on the markets. We’re all cash and we’re staying that way! Investors who wish to bottom fish in the metals should wait. There is every fundamental reason for … Continue reading

A.M. Look 11/14/11

AAPL… Many of you indicated that you ( led off on the buy level) and took a small Long position, even though it did not fill us at our preferred level, therefore we’ll write as though we’re Long for those … Continue reading

A.M. Look 11/11/11

The whole board is an area specific Lemming Effect scalp. We’ve retested the major hold levels in the Equity indices once again yesterday as well as failing to remain above the 200 day in the S&P 500 Futures Tuesday into … Continue reading

Gold…Filled

We’re filled on our Gold futures Buys.

Gold

We have been speaking about buying mid week weakness in the Gold in the 1760’s to low 1770’s. Given that we can’t be in front of the screen all day today ( meetings), we’ll leave it up to each investor … Continue reading