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
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
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
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
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
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
Have we just established a new 80 point range for the SPU? Will we just rip back and forth in this one, every few days, with a lower low then becoming the new area for Bottom Feeders ?… “Bonds are … Continue reading
Here we are, right back to where this game started Monday. The macro numbers have not changed. A re-test of 2180 in the NASD is possible. AAPL was a huge hold, which was then followed by upside reversals and outside upside reversals … Continue reading
General tone… AAPL has been floating all boats for a long time. A close under 364 is not positive. 357.50 on down to the 200 day at 353.50 is a level to trap the shorts the first time in. Watch for market … Continue reading
Those of you that have not played this swing down should put on a partial short via Long the SDS or Futures against today’s high.