Tag Archives: Stock Indices

Stocks…Locking in Profits

Posted on 05/02/2011

We’re at very lofty levels in a lot of stocks. Many of you longer term investors have sizable gains in those high beta dividend yielding stocks. Some like Oxy are up close to 20% in just a week. There are … Continue reading →

CAT…Pattern Alert

Posted on 05/02/2011

A close today below 114.53 will put in an outside reversal day to the downside. Again, this is a price negative pattern. Good support in Cat is at 112.70. Looking at possible price action scenarios I would expect that the … Continue reading →

Methodology…Lemming Effect Capital Flow

Posted on 05/02/2011

This A.M. let’s take a up a few lines critiquing our style. #1 JJG On 4/28/11 we were eyeballing the JJG for a trade. What we wrote: The JJG shows some support right here at 53.05 We’d like to get … Continue reading →

A.M. Look 5/2/11

Posted on 05/02/2011

Early Hong Kong had the Silver touching the area we wrote as the low risk buy zone last Wednesday. This will now turn into a huge short term technical trade. We will send out a piece on this later today. … Continue reading →

SDS…TBT

Posted on 04/13/2011

We will buy the SDS today on a 21.45 “stop close only” This would put in an outside reversal day to the upside and signal more equity index weakness. Use this as a hedge against any existing longs or just … Continue reading →

A.M. Look 4/8/11

Posted on 04/08/2011

I am sure the mid-week shuffle twisted a lot of heads yesterday. The 30 yr Bond short was the cheapest way to be long the stocks.  Long Spu/Short bonds anyone? The stock trade still has massive sector rotation, meaning it all comes down … Continue reading →

Pattern Alert…30 Yr. Bond Futures…DE…CAT

Posted on 04/07/2011

You have a double bottom in the 30 yr. futures at 118.14. DE under 96.25 is negative the board CAT …a weekly close under 108.61 would confirm a near term top. Not only would this put in an outside reversal … Continue reading →

A.M. Look 4/1/11 ….No Fooling

Posted on 04/01/2011

let us start with a few observations: 1) The Soybeans closed almost unchanged on the Qtr. closing under 13.965 ( Dec. 2010 close) will now act as your downside pivot. closing over yesterdays close will be your upside pivot. So … Continue reading →

A.M. Look 3/25/11

Posted on 03/25/2011

Last qtr’s high in the Aussie was 102.58…monitor this level! Price action above and it goes again…It will need a close below 101.60 AUD/USD to confirm a double top high. I think this unlikely with the stock strength I am … Continue reading →

Bull or Bear?

Posted on 03/24/2011

Time to pick a side. If you’re bearish stocks sell the Aud/Usd with a stop over last night’s high. Futures traders should use a stop 12 ticks over the day session high. We’ll see what we get. Investors that are … Continue reading →