Tag Archives: S&P 500
A.M. Look 4/5/11
This is going to be a day when most traders will be waiting for the Fed minutes this afternoon. The yen crosses are holding as the dollar is clawing back some losses from last week. GBP/JPY seems to have another … Continue reading
A.M. Look 4/1/11 ….No Fooling
let us start with a few observations: 1) The Soybeans closed almost unchanged on the Qtr. closing under 13.965 ( Dec. 2010 close) will now act as your downside pivot. closing over yesterdays close will be your upside pivot. So … Continue reading
Bull or Bear?
Time to pick a side. If you’re bearish stocks sell the Aud/Usd with a stop over last night’s high. Futures traders should use a stop 12 ticks over the day session high. We’ll see what we get. Investors that are … Continue reading
A.M. Look 3/24/11
Spu/bonds are still going after the rejection of the old continuation double top in the Bonds of 122.08 from earlier in the year ” This was the # that the March contract took 2 months toget over. It’s has proved … Continue reading
A.M. Look 3/23/11
I must admit when I went to sleep last night that I thought you’d see a little more follow through in the SPU/BOND spread into today ( More weakness in the stocks and strength in the 30 Yr.). The Spu … Continue reading
A.M. Look 3/22/11
Nothing is doing in the markets except for the Dollar getting beaten up again. This theme should maintain until month end. 101.60-70 AUD/USD will be a big closing pivot. You can sell against this level to see if you get … Continue reading
A.M. Look 3/21/11
We’re back to normal and it’s another “everything is wonderful Monday”. A few levels to pay attention to today, 1295 in the S&P is 1/2 the way back for this swing, The Aussie can still trade back up to 101.60 … Continue reading
A.M. Look 3/17/11
Just a follow up to the yen piece last night, USD/JPY is in a 40 year bull market! The levels in the crosses given last night were retested and rejected. Markets can go directionally farther than you have money to … Continue reading
TBT…30 yr. Futures
If the S&P starts printing over 1264 late in the day I will start bottom fishing in the TBT for a 20-25% piece. We were originally hoping for the low 34’s. The Number set in the Spu is as good … Continue reading
Meltdown?
Short term traders should be aware the big zones and the matches based off the (H) 30 yr. Bonds for reactions in the SPU/BOND spread. The march bonds could get to just over 126 on a panic and complete the … Continue reading