Tag Archives: Spu/Bonds

A.M. Look 11/15/11

It’s not a good morning for the risk on crowd. We would have been much happier if we just sold the Euro as a hedge against our portfolio. Short Euro/Long Gold..has been working for a while. Short Euro/long anything seems … Continue reading

CAT…IBM

The CAT high matched the first interim high in the Equity indices today. Now IBM needs to hold in here. All new strength is needed over 190.50 for the Equity indices to remain buoyant, and start a leg up. If … Continue reading

CAT

97.95 is a level that should be monitored for general market tone today. This area shows a “daily” double top from the end of Oct. as well as matching up with the 200 day Mvg Avg.  

A.M. Look 11/14/11

AAPL… Many of you indicated that you ( led off on the buy level) and took a small Long position, even though it did not fill us at our preferred level, therefore we’ll write as though we’re Long for those … Continue reading

A.M. Look 11/11/11

The whole board is an area specific Lemming Effect scalp. We’ve retested the major hold levels in the Equity indices once again yesterday as well as failing to remain above the 200 day in the S&P 500 Futures Tuesday into … Continue reading

A.M. Look 11/10/11

Gold….We’re going to give this a full 20 dollars since we’re looking to make almost 400. I like that risk reward. The stop is under 1747 close in the futures….. app 169.85 in the GLD ETF. Silver…last night’s low needs … Continue reading

A.M. Look 11/9/11

The Boom Boom man’s exit (Berlusconi) is certainly unsettling the markets. If this were the 70’s I’d be looking for the scotch tape to paste another sheet of graph paper to the bottom of my Italian 10 yr. Bond chart. … Continue reading

A.M. Look 11/8/11

The even $100 dollar levels in the Gold seem to be sticking areas. 1800 should provide some natural resistance. Given the opportunity, we’ll look to buy a 30-40 dollar break later in the week. General timing comment…we’ve been seeing 2 … Continue reading

A.M. Look 11/7/11

There is not much to do with the Equities and Bonds. They are range bound, being held hostage to Europe’s woes and inaction. Sustained price action over last night and Friday’s high in the S&P will be needed for some … Continue reading

A.M. Look 11/4/11

It’s almost over,my eyes are getting tired at the end of another hectic week. Day Traders… The oil just traded up to the 200 day mvg avg.,just shy of $95/bbl. Watch for market tone, this is a Risk On indicator. … Continue reading