Tag Archives: Spu

A.M. Look 10/7/13

Posted on 10/07/2013

Stocks.. Looks like most of the world has deemed Congress irrelevant, however the emerging markets look open for business. RSX (Russia), VNM (Vietnam),PIN (India) all have great chart weekly patterns. OIH & XLE are the two etf’s to keep on … Continue reading →

A.M. Look 10/3/13

Posted on 10/03/2013

Stocks.. Spu’s…are caught between 1673-1692 waiting for our fearless leaders to do their jobs! Bonds FX… AUD/JPY & EUR/JPY….are both up at short term resistance. AUD/USD…needs a good close over 94.25 to lead the AUD/JPY cross. Commodities… Precious metals…investors trading … Continue reading →

AUD/JPY…Follow Up

Posted on 10/02/2013

I like the high for now in the Yen Futures. The cross didn’t get as low as I’d like. As long as the Spu’s hold up above 1677 this should hang in. The real sell stop is below 90.40. I’m … Continue reading →

Midday Missive…With/ Trade Alert!

Posted on 10/02/2013

Short term traders…1675.25 is the daily ORL # in the Spu’s. The market is definitely aware of the level. Not only is it the qtrly close but when you add in an ORL to boot it becomes a major inflection … Continue reading →

A.M. Look 10/2/13

Posted on 10/02/2013

Stocks… EWG…needs to maintain and close above 28.03 by the end of the week for higher. EWP…closing and maintaining over 35.50 is the upside breakout for Spain. As long as this ETF holds 34.75 things are looking up. EWZ…47.95 is … Continue reading →

A.M. look 10/1/13

Posted on 10/01/2013

Stocks.. Spu’s…1692 is first resistance. Bonds 30 yr….131.28-05 is the bigger support leveland the downside pivot. FX… AUD/JPY…92.60 is resistance EUR/JPY…132.10 has to hold on a closing basis to remain firm. GBP/JPY & CAD/JPY are both sitting on support. EUR/AUD…is … Continue reading →

A.M. Look 9/30/13

Posted on 09/30/2013

Stocks.. Spu’s…1664.50 is Fib support. Closing below this level will lead to a deeper correction. Weekly sell stops rest @ 1653.50. Spu/Bonds…is trading again under the 50 day, which will make me very patient to put on Risk. VIX…There are … Continue reading →

Midday Missive

Posted on 09/27/2013

VIX…15.16 is closing resistance. The low of the day was close to the 200 day again. Day traders should be using the the Vix for the tool that it is. At resistance you should be taking profits on shorts or … Continue reading →

A.M. Look 9/27/13

Posted on 09/27/2013

Stocks.. Spu‘s…1682.50-1683.50 is support and the downside pivot. Nasd 100…needs a close over 3240 for higher. DAX…8665-80 will be the pivot Bonds30 yr. Bonds…132.15 -18 is the support zone.Bund…by holding above 140 this has the potential for another 200 hundred … Continue reading →

A.M. Look 9/25/13

Posted on 09/25/2013

Stocks.. Spu’s…1682.50 is the final hold #. Bonds Bunds… are into weekly resistance around 140. 30 yr.…133.11-15 is resistance and the upside pivot. FX… Kiwi…8160-70 is support AUD/JPY…91.50 is support Commodities… General Comments orValuable Insight Pay attention to the opening … Continue reading →