Tag Archives: Spu

Bulls and Bears…Food for Thought

The Bear argument… Have you just seen the highs for the rest of the week in the SPU? confirmed by the rejection off the lows in the 30 Yr. along with the match off the 1/2 retrace in the Euro … Continue reading →

A.M. Look 10/12/11

Welcome to this months episode of Full Moon Trading,coupled with the mid week shuffle. 1204 S&P 500 is a big closing level on my work with macro stops presently resting over 1214.50. Closing above this level is Bullish Equities.. Euro…138.40 … Continue reading →

A.M. Look 10/11/11

Lemming Effect Trading….That’s exactly what we’ve been seeing for weeks. Everybody runs one way until they run off a cliff, then pick themselves up, dust themselves off and do it again. This Lemming is tired! The Metals “last night”, and … Continue reading →

A.M. Look 10/10/11

Currency land…The Pound and Euro just hit macro resistance. This has been a big run up out of the gate last night, straight up. The current highs ,will need all new closing strength over these levels to start another leg … Continue reading →

Bunds Vs. Equity Strength

I think the Bund will be a better read for the remainder of the day for SPU/BOND or DAX/BUND.. 134.80 134.40…Charles TGT.! macro stops are below 134.20 You’ve seen the early price rejection off 1174 SPU… See how NYC opens … Continue reading →

A.M. Look 10/7/11

Welcome to unenjoyment Friday. Per Yra, we should start rolling early with the Canadian #’s. Currencies…the price action in the Sing Dollar and Real will be a good market tell. ( watch for tone) Euro… we would like to see … Continue reading →

We’ve come a long way Baby!

You’ve just had a 100 point rally in the Spu’s off the lows. Think about it. Time to do the tighten up!!! Investors who are Long should either pay for their trades or decide how much they are willing to … Continue reading →

Risk On is Alive…Euro

Euro..The Euro put in a huge low early today. It tested a reversal low with a dramatic rejection. Look for another 100-150 points up in the Euro.. It should now trade as a reflection of the Spu’s…That direction is up… … Continue reading →

A.M. Look 10/6/11

Please re-read Monday’s and Wednesday’s A.M. look. The levels I write are static “they do not change” Keep them in Front of you! If you wear glasses, put a “post it” on your nose guard with the numbers on it. … Continue reading →

Risk On Portfolio

All the big cap High Yielding Multinational names are trading better than the overall stock indices. In the mining sector, FCX and BHP are following through confirming the upside patterns from yesterday. I think you’ll have better luck trading the … Continue reading →