Tag Archives: Stock Indices
Stock Indices
ETF Traders When in doubt keep your money and do nothing. As of now do NOT buy any stock indices. WAIT. I would rather miss something than lose money! Futures traders…have Fun playing the game during the night session. It … Continue reading
A.M. Look 7/19/11
We’d like to thank John Thomas, “The MAD HEDGE FUND TRADER”, for an insightful and entertaining luncheon at his Chicago event, it’s always a pleasure! Lemming Effect Trading…yesterday was more of the same…we sent out the Swiss and EUR/CHF charts … Continue reading
A.M. Look 7/8/11
In yesterday’s session we took off the rest of our long exposure in the SPU & NASD futures. Those of you that had Miners or AAPL either took it all off or are down to 25% positions with trailing stops. … Continue reading
Position Update
We are officially flat the equity index Futures. We are still long AAPL and EWH… Many of you are involved with Long AUD/USD…this is a lower risk trade at these levels. This is also a great surrogate for a Bullish … Continue reading
A.M. Look 7/6/11
Yesterday had us reducing our long equity holdings just after the opening. Today it is all about where the indices hold. A close today below 1328.25 (S&P 500 Futures) would have us sell the rest of our longs. This would … Continue reading
Gold & Silver…Risk On
GLD & SLV Etf’s.. Admittedly I got stubborn with this trade! Definitely the worst trade I’ve had in the past 3 years. I hate taking a great trade in the equity indices and turning it into nothing someplace else. If … Continue reading
Stock Indices
We’re at the type of level that I like to pay for my stops and let the rest ride. So, sell a little and pay for your stop.
A.M. Look 6/24/11
Chart patterns…will the metals hold? Both of these metals have “Potential” outside reversal weekly patterns to the downside. For now they are holding… We will need a close today above 1511 in the Gold, and 34.40 Silver, to maintain the … Continue reading
A.M. Look 6/20/11
A close today under the following levels in the Futures can lead to another swing down in prices: 1259 S&P, 2185 NASD,777.20 (also the 200 day) Russell,922.80 Midcap 400 ( with 200 day app 913). The bigger levels coming down … Continue reading