Tag Archives: S&P 500 Futures
A.M. Look 9/22/11
Euro…134.25 is the first major fib. Aussie…98.00 is the first monthly level of any significance. USD/CHF…The mid to high 93’s will be the first big area..108 ish in the Futures looks tough the first time in. In short we’ve just … Continue reading
IBM… Pattern Alert…TBT
IBM just put in a double top on the daily charts @ 173.88. We need to see all new action over this level for upside follow through. A close today under 173 will have us exit this Long position. Sell IBM on … Continue reading
A.M. Look 9/20/11
Yesterday’s close had us tightening up our overall risk in our portfolio. Sometimes it’s just better to clean house and remain with what’s working the best. We trade to make money not to be right! I know everyone is chomping at the … Continue reading
TBT…30 Yr. Bond Futures…Stops
Long term investors should stay Long their remaining TBT with a stop below today’s low of 21.66. Why..The front month point & figure chart has a beautiful head & Shoulders pattern.. We will wait for this pattern to be violated before … Continue reading
A.M. Look 9/19/11
The equity market pattern has been Monday lows followed by rallies. We’ll see. IMM currency futures expire today at 9:15 CT.. Day traders should put the Aussie on your radar today for scalping opportunities. Keep all trailing stops active. Model Trading … Continue reading
30 Yr. Bond Futures…TBT
Presently we are within 10 ticks of where we originally paid for our Short Bond position. This means we sold part of our TBT longs right around this 23.25 level. End of day order…Day-Traders can lead off any way they like. Pay … Continue reading
Single Stocks…General game plan…GBP/JPY
Our whole portfolio is skewed Long Equities. This is one big reason we took a small short in the Euro. The dollar has been seeing inflows as the world equity markets have sold off. The better level to sell the … Continue reading
A.M. Look 9/15/11
We have a small Risk On Portfolio. Confirmation will be signaled by the Bunds ( German 10 Yr. Bond) closing the week below 136.56, and the 30 Yr. U.S. Bonds, which need to close below 139.07 DEC. The U.S. 30 yr … Continue reading
STOP CLOSE ONLY!!!!!!!!!!
You want price confirmation that these trades are good! The SPU’s just rolled back over. If you don’t get these confirmations do not do the trades…WAIT!!!!!!!!
S&P 500 Shorts…IBM…30 Yr. Bonds
So much for that..Giving back 6 handles after having a couple of 80 point winners in the SPU isn’t the end of the world. We still have the single stock longs. Currently we are still in a small short position … Continue reading