Tag Archives: Spu/Bonds

A.M. Look 1/9/12

Posted on 01/09/2012

Euro…This is having an oversold bounce. It will be interesting to see if this can turn into a short rout given a few days of price action. Aussie…needs a close over 103.80 for an upside breakout or under 100.30 AUD/USD … Continue reading →

A.M. Look 1/5/12

Posted on 01/05/2012

We’re presently trading around the buy levels suggested yesterday in the Aussie and Canada. Currency traders can give it a go… Buy a small long position @ the market if you didn’t have resting orders. We’re keeping it small because … Continue reading →

Gold & Silver, EURJPY critical level | A.M. Look 1/4/12

Posted on 01/04/2012

Metals….all new strength is needed over 1628-30 in the Gold and $30 Silver to start another leg up. I think this will be a day trade until Friday at this point. We’ve seen 3 swan dives after unemployment #’s since … Continue reading →

Risk Commodities, Risk Management A.M. Look 1/3/12

Posted on 01/03/2012

We are in the ” Trading what’s in front of us business” and translating that into returns. So we’ll just let the board unfold and do the same things that made us successful last year and the prior 37 years. … Continue reading →

A.M. Look 12/16/11

Posted on 12/16/2011

Today is our last scheduled update into year end. We will be leaving for client meetings in Asia, returning just before year end. A big thank you to my clientele, you still make it enjoyable to stare at the screen … Continue reading →

Day Traders

Posted on 12/14/2011

Sustained price action under 99.40 AUD/USD is negative. This could lead to a test of the 98. AUD/JPY…76.90-76.50 could be in the cards with more selling of Dollar denominated assets and the straight buying of Dollars. Spu’s…every new low can … Continue reading →

A.M. Look 12/14/11

Posted on 12/14/2011

EUR/GBP…This cross looks to be headed for 82. Dollar Index….80.43 is the Oct. high .By maintaining prices over 79.27, this looks to be breaking out on a qtrly chart. Meaning a stronger U.S. Dollar. SPU’s…The March contract still looks like it … Continue reading →

EURO…SPU

Posted on 12/13/2011

130.60 Euro is the 2/3rds fib coming back for the past 2 years..( big level) Only a couple of closes below here will give lower tgt’s. Point & Figure Chart shows new price action under 1228.50 March S&P 500 Futures … Continue reading →

A.M. Look 12/13/11

Posted on 12/13/2011

So far the Spu’s held right where they needed to @ 1221.50 for another bounce. Confirmation of the level was given by the commensurate matching levels in the Aussie, AUD/JPY, EURO and OIL all holding macro support levels yesterday into … Continue reading →

A.M. Look 12/12/11

Posted on 12/12/2011

More of the same, the day trade continues, disappointment with Eurocrats leads to a risk off A.M. London session. Today’s Risk off has manifested itself in Dollar buying vs. equity weakness. The weakness in Gold & Oil looks to be … Continue reading →