Tag Archives: Precious metals

A.M. Look 10/3/13

Posted on 10/03/2013

Stocks.. Spu’s…are caught between 1673-1692 waiting for our fearless leaders to do their jobs! Bonds FX… AUD/JPY & EUR/JPY….are both up at short term resistance. AUD/USD…needs a good close over 94.25 to lead the AUD/JPY cross. Commodities… Precious metals…investors trading … Continue reading →

A.M. Look 9/30/13

Posted on 09/30/2013

Stocks.. Spu’s…1664.50 is Fib support. Closing below this level will lead to a deeper correction. Weekly sell stops rest @ 1653.50. Spu/Bonds…is trading again under the 50 day, which will make me very patient to put on Risk. VIX…There are … Continue reading →

A.M. Look 9/11/13

Posted on 09/11/2013

General Comments or Valuable Insight Everything is parked. We need some price action out of last night’s ranges for new direction. Based off the long term point & figure charts the metals look vulnerable to more downside. Trade your time … Continue reading →

A.M. Look 9/6/13

Posted on 09/06/2013

Today comes down to one thing, which is the unemployment # @ 7:30 CDT. The day will be a price action trade based off the data. Follow the Bonds for they will lead the Currencies. If the Bonds go bid … Continue reading →

Midday Missive with AAPL update!

Posted on 08/27/2013

Just the opposite of yesterday. Spu’s have a potential weekly double bottom in place @ 1631.50. All the near term shorts will get run out of the market again with a close over 1644. Right now the bots are front … Continue reading →

A.M. Look 8/19/13

Posted on 08/19/2013

Stocks.. Spu’s…Sustained price action over 1655.75 is needed for any upside to materialize. Nasd 100…technically looks more vulnerable if the rallies fail at  3090. Bonds… 30 yr. Bonds…129.11 +- a few ticks is where any shorts should look to cover … Continue reading →

30 Yr. Bonds

Posted on 07/24/2013

30 yr….133.30 can hold. The macro sell stops are 133.13. Follow the Bonds….they are leading the dollar higher and keeping the metals on the defensive. TBT… 1st resistance @ 75.60

A.M.Look 7/22/13

Posted on 07/22/2013

Stocks.. GDX…a close above 26.40 should lead to a test of 29.15 and ultimately 32 on this current swing. Bonds… 30 yr…as long as 135 holds on breaks look for the Bonds to move up in one point increments. Above … Continue reading →

Gold…Miners…Equity Indices

Posted on 06/26/2013

Gold has shown lots of volatility. June (M) Gold expires today. July (N) is now the front month. While there is not any trade location I can sink my teeth into in the Futures, I like the metals ETF’s as … Continue reading →

A.M. Look 6/26/13

Posted on 06/26/2013

Stocks.. Lots of markets are oversold and are experiencing mid week bounces. Brazil ( EWZ) being one of many. Spu’s…1592.25 was April’s close. This will become a pivotal war zone over the next 2 days. Bonds… No change FX… Euro…129.90-130 … Continue reading →