Tag Archives: S&P 500 Futures
A.M. Look 1/26/12
Deja vu…shades of last year…”your cash ain’t nothing but trash” A creeping equity market fueled by a devaluing dollar and a chase for high yields, with money looking to buy cheap dollar denominated assets. The result is the same as … Continue reading
A.M. Look 1/25/12
The levels we’ve been using this week have not changed. Currencies…it’s the Yen crosses which have been the feature. EUR/JPY, AUD/JPY looking a little tired on the daily charts. Bunds…show a double bottom on the daily @ 137.18. OIL…98.15 is … Continue reading
Making the Most of A.M. Look
Utilization…Playing the lotto with Tgt’s…the more the merrier. Early yesterday we were focused on the Equity/Bond spreads both here and in Europe. In the first half hour of NYSE trading we saw tgt levels get hit in the SPU,30 Yr … Continue reading
Positions…Pattern Alert SPU
You should now have enough Long SDS to totally cover any long exposure. The stop in the S&P 500 Futures is a new high. All other instruments ….stops should be raised… MOO…50.90 XLE… 71.30 X …27.90 Note the above stops … Continue reading
SPU/BONDS
The smooth blue line above is the 200 day Mvg Avg
Day Traders…SPU/BONDS
Now that we’re trading at the SPU tgt level I was looking for in Nov. “1319” area, We’re going to buy a little portfolio insurance against our remaining long exposure. Buy the SDS/ Short the S&P 500 @ the market! … Continue reading
A.M. Look 1/23/12
The moves over the past couple of trading days have been run off SPU/BONDS and DAX/BUND. The sell off in the Bond markets have been keeping the equities buoyant. Watch the price action in the Bond markets for clues to … Continue reading
A.M. Look 1/20/12
ORH…Outside Reversal Higher…price positive pattern SLB…71.45 BTU…37.55 HAL…36.71..(shows a double top and a double bottom on the weekly…whichever way it breaks out) Euro…128.81 EUR/JPY…98.85 TBT…19.28 ORL…Outside Reversal Lower…price negative pattern 30 yr…. 142.01 Bund…138.43 TLT….117.68 ( this has a weekly … Continue reading
A.M. Look 1/19/12
Euro…128.81 will be the level to monitor for direction over the next 2 days. A close tomorrow is needed over 128.81 for an “ORH” week. It’s worth keeping an eye on this level to determine whether the Euro remains weak on the … Continue reading
SDS…Short S&P 500 Futures
For those of you who were not stopped out yesterday, we are exiting this position @ the market. We will revisit this at a later time.