Tag Archives: Risk On Trades
Recap…
We’re Long SPU,NASD,GLD,SLV,AAPL The parameters on this are very very tight! The stop is based off 1292 S&P 500 futures and 2279 Nasd 100 futures AAPL has to remain above 331. Time frame ( Unknown). I could be out tomorrow … Continue reading
S&P 500 & Nasd 100 Futures
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.
A.M. Look 6/29/11
It’s full risk on today. We are looking to see how the first big break holds off these areas to go long the stock indices. The indices have had very big rallies since Sunday Nights lows. We are not chasing … Continue reading
Miners…Gold…Risk On Rally
Many of you have positions in the Miners in varying degrees. After a few days of pain they’re preforming well today. Those of you who are in should stay the course, and we’ll continue to monitor the price action over … Continue reading
USO & DIG Oil ETF’s….OIL
A close today above 35.88 puts in an outside reversal day to the upside. If the equity indices are going to remain firm, this will be a place to look. Also, Dig now starts to look interesting again. Support is … Continue reading
A.M. Look 6/24/11
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
A.M. Look 6/22/11
Today should be a day for the technicians. There is a big mid-week game afoot. Have the markets bottomed or has the past 2 days been one huge rally to nowhere? If you’re bullish you want to find a place … Continue reading
JJG…Wheat…Oil & Metals
A close today for the July Wheat above 6.74 will have us buy a 50% position back in this ETF…There are several reasons for getting back in. 1) The risk on scenario, 2) The chart pattern is similar to the … Continue reading
Price action…Risk on…REE…JJG
A close for the Midcap (M) over 952.10 today would confirm a short term low in stocks. Closes above 1287.75 in the SPM June Futures will have us cover our short S&P futures via either selling our long ETF’s or … Continue reading