Tag Archives: S&P 500 Futures
A.M. Look 10/6/11
Please re-read Monday’s and Wednesday’s A.M. look. The levels I write are static “they do not change” Keep them in Front of you! If you wear glasses, put a “post it” on your nose guard with the numbers on it. … Continue reading
Risk On Portfolio
All the big cap High Yielding Multinational names are trading better than the overall stock indices. In the mining sector, FCX and BHP are following through confirming the upside patterns from yesterday. I think you’ll have better luck trading the … Continue reading
Equity Indices
Have we just established a new 80 point range for the SPU? Will we just rip back and forth in this one, every few days, with a lower low then becoming the new area for Bottom Feeders ?… “Bonds are … Continue reading
A.M. Look 10/05/11
Here we are, right back to where this game started Monday. The macro numbers have not changed. A re-test of 2180 in the NASD is possible. AAPL was a huge hold, which was then followed by upside reversals and outside upside reversals … Continue reading
Impatient
You should be out of all short stock index positions!
Anticipation
General tone… AAPL has been floating all boats for a long time. A close under 364 is not positive. 357.50 on down to the 200 day at 353.50 is a level to trap the shorts the first time in. Watch for market … Continue reading
So Much For the Rally In Equities
Those of you that have not played this swing down should put on a partial short via Long the SDS or Futures against today’s high.
Bottom Fishing…EUR/CHF
We’re seeing the running of the lemmings with some prolific bottom fishing in the usual big Cap names. FCX looks to be leading the pack. The big question ” Is this just another rally to nowhere from a very over sold … Continue reading
A.M. Look 10/4/11
There is not much to say other than we’re going to the lower tgt’s in the stock indices and higher tgt’s in the Dollar and Bonds. Risk Off…. You’ll get your opportunities to sell rallies in the equity indices. Do … Continue reading
AUD/USD…Aussie Dollar Qtrly Chart
The low in the Aussie today is a 50% move back on the short swing..meaning the measurement from the 2010 low. This trade has been the mirror image of the Spu, and in fact topped in July. The first area … Continue reading