USD/JPY…79.20 ( 126.40 Futures)….80.10 ( App 125 Futures) is the trading range. Monitor these levels for a breakout. 30 yr Bonds…are in a 2 point trading range. leave the stops as is in the TBT. We’ve seen where the Bonds … Continue reading
As much as we try to match up the Futures level with an exact # in other instruments, it’s always best to use market orders to enter or exit when the relevant Futures # is hit.
The QQQ as well Nasd 100 Futures are right up at the 100 day mvg avg. As long as the Nasd 100 futures stays above 2608 we will stay with the trade. Nasd Pit…needs a close over 2628 for higher. … Continue reading
We’re Buying the Nasd 100 @ the market. We’re Buying AAPL on a close over 600.
QQQ…63.46 is the 50 day mvg avg …the bottom of the cloud and natural resistance the first time up. Not a place to step out without further price action.
Every so often I will write something like this to give you my big picture thinking, think of me as your quarterback. I want to talk about one of out Private Wealth Clients, who is someone we can all learn … Continue reading
We will be going home long these with stops around today’s low. ETF traders can use the SSO or the QQQ We will also be long AAPL using a 5 dollar stop.
Let’s be patient and wait this out for a while.. The Bonds have to close below 119.22 on the 30 yr. and the Nasd and QQQ need to confirm the up with the closes mentioned this a.m. In short the … Continue reading
We are staying with our original game plan in the equity indices from yesterday. A close in the Nasd futures ( 2350) or a close in the QQQ above 57.50 and we will initiate new long positions. A word of … Continue reading
A close today above 2350 NDM ( June nasd) or 57.50 QQQ will be a go long signal on Dr. Nenner’s work. This is a signal we will take and buy the QQQ and AAPL as well. The precious metals … Continue reading