Tag Archives: S&P

Risk On?…GDXJ

Looks like the S&P wants to show us the 1170’s today. Buy the GDXJ @ the market with a 34.30 stop.    

SPU/BONDS …Currencies

We are presently stopped out of the Euro with a 20 tick loss and another 1/3 of our SPU/BOND spread (Really Nice Winner) on our trailing stop. We still have a 1/3 position left. We’re still short the Aussie, however … Continue reading

EEM..EWT…GOOG….AAPL.. GE….SPU…

If we get anywhere near 1334 ish SPH (MARCH S&P) today take off at least 70% of these trades. Then raise your stops to break-even. The Euro hit big support this a.m. @ 138.60 ish. It will now be the … Continue reading

Day Traders S&P

If we’re going to get a break today it’s from this recent high,however 1312-13 is as much as I would initially look for.

SDS

A few questions this A.M. about the SDS stop of 22.20. Yesterday we said to use it as a stop close meaning the Spu had to close over 1296. Leave the stop the same. The “Ag” names have been all … Continue reading

A.M. Look 1/27/11

Monty Hall here. Pick your doors wisely today. EUR/JPY…..113.90 is a big closing area in this cross matching EUR/CHF…..129.50….Only sustained price action above these levels will lead to more short term Euro strength. Silver, Gold, and Oil all went up … Continue reading