Tag Archives: Spu

A.M. Look 10/27/11

Posted on 10/27/2011

Just a welcome and a caveat for our new readers, we need your help to be successful. We are not always in front of the screen, e-mailing about every wiggle in the market. To that end, we continually try to … Continue reading →

A.M. Look 10/26/11

Posted on 10/26/2011

We went short the equities yesterday. At this point, our risk is negligible to see if this can turn into more than a 1 day sell off. Same stops as yesterday. Canada has re-tested the reversal level of 101.02 USD/CAD … Continue reading →

SDS…S&P 500 Futures

Posted on 10/25/2011

I’m buying a small position in the SDS ( Short S&P 500 Futures) The stop in the SDS is a close below 20.27. Futures Traders…there are 2 levels…Day traders… Those with less risk aversion, can try to manage shorts against … Continue reading →

30 Yr. Bonds…Risk Off

Posted on 10/25/2011

The board is clearly RISK OFF since we wrote about the matches early this A.M. AUD/JPY…failed at 80.00, another key market Tell. This cross has been a great Risk barometer. It has been acting as a leading stock indicator. When … Continue reading →

A.M. Look 10/25/11

Posted on 10/25/2011

94.80 ish is the 200 day mvg avg in the oil. 136.15 is the downside tgt in the U.S. 30 Yr. Bonds The Bunds are hanging around their downside closing pivot. The front month S&P 500 Futures are getting close … Continue reading →

A.M. Look 10/24/11

Posted on 10/24/2011

The equity markets still favor buying the hard breaks. Last night they tried them both ways. 1253 is last years close in the S&P Futures. The low 1270’s is the most we would look for on a rally early week. … Continue reading →

A.M. Look 10/21/11

Posted on 10/21/2011

The U.S. Equity markets are still a slave to the E.U. drama. The British Pound and Swiss Franc are strong against the Euro on the crosses this a.m. This is a reflection of skepticism that this weekend’s summit will provide a tangible … Continue reading →

Big Picture…AUD/USD

Posted on 10/20/2011

Aussie & S&P 500 are both putting in lower highs on the rallies and higher lows on the breaks. Meaning we aren’t going to stay in this area much longer. Oil is running the show again today.  The low of … Continue reading →

Price Action…Aussie

Posted on 10/19/2011

The markets are trading off the oil high…You have to pick a side of the market to trade from.. The S&P is unchanged on the week. My view is that which ever side you pick the risk is small. A … Continue reading →

OXY…SSO

Posted on 10/19/2011

We’re going to buy OXY at the market with an intra-day stop of 84.60. I like the energy sector.. We’ll also try a long in SSO with an intra-day stop of 43.90 Futures traders…that’s a new low in the SPU. … Continue reading →