Tag Archives: S&P 500 Futures
MCP…Molycorp
Molycorp held 28.22. The Numbers have not changed here. Yesterday the high and low of the Spu’s lined up with the MCP technical levels. Keep your eye on this! I like today’s low…The upside break out is a close over … Continue reading
A.M. Look 1/18/12
Yesterday had us lightening up on the portfolio we came in with. We added short Gold via the GLL ETF. ( app 1661 in the futures) Those of you that used the stop in the SDS as a closing stop…you’re … Continue reading
Pattern Alert…SPU’s…S&P 500…MCP
The only # that really matters now is 1272.70 Spu Pit session. A close below this level would put in an interim top in all risk assets with a ORL ( outside reversal Lower day) It remains to be seen … Continue reading
Position Update…SDS
I am leaving this stop alone..”17.90″ You should have sold out a portion of all other LONG instruments to pay for your trades.
A.M. Look 1/17/12
We have a Risk On Bias in our portfolio after adding the Oil Etf’s and the Aussie late Friday, un hedged against the Long SDS. The capital flows clearly show Europe looking for safe places to protect their assets. GOLD… … Continue reading
Short Term Day Traders…SPU/BONDS
SPU/BONDS Start keying off of 144.20 in the 30 yr. More strength above is needed for stocks to weaken further.
A.M. Look 1/13/12
Oil…100.55 close now becomes a similar level to 105-105.31 All new closing strength is needed over these levels for new upside. Brent shows the same pattern with new closing strength back over 112.20 needed. Short term sell stops are 98.30 … Continue reading
Position Update JJG…MOO
We’re buying a partial position in the JJG. I want to have a small core on even though it might be early. Leave the resting order to buy working @ 41.60. MOO…I like today’s low of 49.20 Start a position in … Continue reading
Pattern Alert SPU…S&P 500 Futures
Yesterday’s pit session low was 1280.80. A close under this level is needed to put in an outside daily reversal to the downside. BIG LEVEL!
Spu’s…SDS
Markets are overbought. Buy the SDS @ the market with a 17.90 stop. This is a short S&P 500 trade. We are viewing this as a contra trend nibble!