Tag Archives: Spu
SSO Trade Follow Up..W/Emerging Markets
I’m not going to fool around with giving hard earned profits back this time of the year. We’ve made our year and it’s time to be conservative. Any print in the Spu’s near 1820 or 100 in the SSO will … Continue reading
SSO Trade Alert!
The Equity side of the Spu/Bond spread is obviously leading. Spu’s are getting up to 1800 in the futures, which is another psychological hurdle. We have an 1820 tgt in the Spu’s. We’re going to honor the level and take … Continue reading
A.M. Look 11/15/13
Stocks.. GOOG…is attempting an ORH week with a close over 1032.40. This pattern tgt’s another 10% higher for GOOGLE to the 1140 area. Bonds 30 yr. Bonds…We’d like to sell a rally into the mid 133’s, however this looks unlikely. … Continue reading
A.M. Look 11/14/13
Stocks.. Spu’s…have come a long way. We’ll have to monitor the pullbacks today to see where they hold on breaks. Bonds 30 yr. Bonds…133.11-15 would be a low risk sell zone. Closing over 133.24 would put the Bonds back on … Continue reading
A.M. Look 11/11/13
Stocks.. Spu/Bond…is the gift that keeps on giving. Spu’s…could struggle around the old highs of 1773 the first time up. SSO…94.16-25 is the matching resistance area. TBT…is trying to breakout to the upside on a qtrly chart. 79 should prove … Continue reading
Midday Missive… W/Trade Alert SSO
The high frequency boys had the data a full minute before the rest of the world. So what else is new? A trad able low seems to have been put in the Equity Indices. Spu’s… sustaining and closing above 1748-50 … Continue reading
A.M. Look 11/8/13
Stocks.. Nasd 100…shows a head & shoulders top formation on both the daily and weekly chart. 3250’s is the first place to look for a bounce. Recovery and a close over 3358 would have me thinking this was a one … Continue reading
Price Action
Spu’s elected the first set of sell stops and went nowhere. SSO…91.70 is the low risk buy zone today. If the market is good you won’t see the level. A close over 93.10 is constructive. TBT…I like the 74.75 low. … Continue reading
Midday Missive
Spu’s…sell stops are @ 1755.75 today’s ORL#. The weekly # is 1747. There is presently a double top on the point & figure EURO…the low is in for a while. 132.90 is the 50% retrace for the past two years. … Continue reading
A.M. Look 11/4/13
Stocks.. TBT…closing over 76.60 will lead to another leg up. Spu’s…need to sustain above 1762-4 for higher. Spu/Bond…is trading at the level it broke from in 2007, the same level that precipitated the 90 point sell off last month. Bonds … Continue reading