Tag Archives: Spu
A.M. Look 11/9/12
Yen Futures…those of you that trade the cash or futures got filled last night on your sell order. 1/2 of the recent swing is 126.75 (Z) app 78.90 USD/JPY. General Comments… Yen traders…this is not a trade we’ll leave open … Continue reading
A.M. Look 11/8/12
Spu’s…1398-1402 is resistance with 1407-09 being the dream sell level the first time up. Sustaining below yesterday’s Fib match lows will lead to a test of the 200 day. Nasd 100…the monthly bottoms are +- a few @ 2600, which … Continue reading
SPZ2_-_S&P_500_(Pit)_Dec_12_Daily.gif
1384-86 is the 30% retrace for the year. This is the end of the European flow..selling will abate for a while. Shorts tighten up your risk parameters.
Spu… Nov. 1455/75 Call Spread…Trade Alert!
Let’s close out the remainder of this spread as best you can. There is still around a buck of premium left. AAPL…stops under 570 GS….119.66 is a key weekly closing level
30 Yr. Bonds…TBT…Spu’s…Trade Alert!
While we continue to believe that the higher rate environment is nearing, this will not happen with the current Risk off board. This could take a long time and lots of De-leveraging before we see an absolute low in rates. … Continue reading
VIX
Yesterday’s low in the Vix @ 17.20 was near perfect support. This is a chart we like for the risk off crowd on any break. This low matches the current double top on a weekly … Continue reading
A.M. Look 11/7/12
Gold…needs closing strength over 1727-32 for more upside. Silver…32.13 will be pivotal all day. Spu’s…same levels! Below 1402-1395 close for a downside breakout, above 1434 for the up. 30 yr. Bonds…148 +- a few is the downside pivot. Sustaining above … Continue reading
Dow Transports….OIL…XOM…AAPL
Enclosed are a few charts we think will prove to be important the rest of the week. IYT…Transports are near channel resistance matching the 50 day in the Spu’s Spu’s…still need to get over 1434 to run. Oil…the charts in … Continue reading
A.M. Look 11/6/12
General Comments… Go vote!!… Model Trading Portfolio…………….. Stop Close Profit Points Long TBT 59.30 69 Long Spu 1455/75 Nov. call spread Profit areas have been hit. Investors should have reduced positions. Small core … Continue reading
A.M. Look 11/5/12
Spu’s…singing that same old song since July…”no close below the 1395-1402 level” We need to see a close below this area for another swing down. Sustained price action above 1410 gets the lemmings running the other way. Gold & Silver…have … Continue reading