Tag Archives: Stock Indices

A.M. Look 2/6/12

Posted on 02/06/2012

The strength in the dollar and the weakness in the precious metals has been the feature since the opening bell last night. SPU…we are looking to see a probe into the 1327.50-29.50 area & NASD..2500-02 during the Chicago pit session … Continue reading →

A.M. Look 2/2/12

Posted on 02/02/2012

This market remains a stock pickers paradise. The dating process has found the partners remain somewhat fickle. Good on the first date, not so good the next… The stock rotation makes it tough, with most instruments being an Island unto … Continue reading →

A.M. Look 1/31/12

Posted on 01/31/2012

It’s Month End…Don’t Fight The Flow… Typically going into end of month instruments tend to go in the direction they have been traveling. This month it’s Equity Indices up,Dollar down,Metals up & Commodities up. These movements are even more pronounced … Continue reading →

MCP…Molycorp

Posted on 01/18/2012

Molycorp held 28.22. The Numbers have not changed here. Yesterday the high and low of the Spu’s lined up with the MCP technical levels. Keep your eye on this! I like today’s low…The upside break out is a close over … Continue reading →

A.M. Look 1/13/12

Posted on 01/13/2012

Oil…100.55 close now becomes a similar level to 105-105.31 All new closing strength is needed over these levels for new upside. Brent shows the same pattern with new closing strength back over 112.20 needed. Short term sell stops are 98.30 … Continue reading →

Position Update JJG…MOO

Posted on 01/12/2012

We’re buying a partial position in the JJG. I want to have a small core on even though it might be early. Leave the resting order to buy working @ 41.60. MOO…I like today’s low of 49.20 Start a position in … Continue reading →

Pattern Alert SPU…S&P 500 Futures

Posted on 01/12/2012

Yesterday’s pit session low was 1280.80. A close under this level is needed to put in an outside daily reversal to the downside. BIG LEVEL!  

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 →

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 →