Tag Archives: Risk Off Trade

A.M. Look 8/2/11

Posted on 08/02/2011

It’s a risk off world. The major indices are in a tug of war with the DJI & Nasd seeing a relative safety bid ( they’re maintaining above their respective 200 day mvg avg’s) and the SPU,Russell and Midcap all failing. The big … Continue reading →

S&P 500 Futures

Posted on 08/01/2011

As you can see from this pattern..it is not a pretty picture! Attempting an outside reversal lower day… A close today is needed above 1279 minimally for the stocks to remain on a firm footing. It would be better if … Continue reading →

USD/JPY…Fear Trade

Posted on 07/29/2011

The yen futures have elected the IMM stops over the March high. The cash spiked to 76.25 USD/JPY before the futures reopened, that’s app 131 ish. So yes, the futures can still rally another 140 points to match up with … Continue reading →

SPU…Gold…Price Action

Posted on 07/20/2011

The best of the good news is out. Is this the high for a big sell off again or not? 1315 seems the lowest risk level for short term traders to try a long ( or minimally, not press shorts) … Continue reading →

A.M. Look 7/14/11

Posted on 07/14/2011

Mildly jet lagged here, and trying to get a handle on the Risk On Risk Off schizophrenia. The only safe trending trades have been the Grains and Metals, as traders buy the dips to park money. 1580, Gold, looks to … Continue reading →

A.M. Look 6/28/11

Posted on 06/28/2011

Let the day unfold. There is not much to talk about right now. The Greek vote will be a market mover. 126.52 in the SEP Bund will be a major level going into Thursdays close. A close over this level … Continue reading →

A.M. Look 6/24/11

Posted on 06/24/2011

Chart patterns…will the metals hold? Both of these metals have “Potential” outside reversal weekly patterns to the downside. For now they are holding… We will need a close today above 1511 in the Gold, and 34.40 Silver, to maintain the … Continue reading →

USD/SEK… SWEDISH KRONA

Posted on 06/23/2011

The Krona is coming into a very important and pivotal level as shown on the chart. Watch for tone…this currency has been a great indicator for the Risk Off Trade.

A.M. Look 6/23/11

Posted on 06/23/2011

I’ll say it now and get it out of the way, that was the shortest long term trade I’ve done in a long time ( JJG). Now new business.. We added to our core long precious metals holdings yesterday. Obviously … Continue reading →

Recap..

Posted on 06/15/2011

A point someone brought up late today was that I had no position in the NASD.. That’s correct..However, many of you do have on all or some of the correlated trades whether it was short the Midcap,Russell,OIL, long dollars ect., … Continue reading →