Tag Archives: tbt
Short 30 Yr. Bonds….Long TBT
This is the bottom of the range in the 30 yr. futures with macro stops around or just below 119.00. Those investors that wish to lighten up can do so. I would suggest no more than 25-30% of current holdings.
A.M. Look 1/20/11
Bonds..They act like whale duty floating at the bottom of the Ocean. Until they close higher on the year stay the course. We’ve had enough positive scalps here that we’ll close our eyes and let the market take us out. … Continue reading
A.M. Look 1/18/11
The Euro areas are well defined, 132.50 below and 134.40 ish on top. Price action above 134.40 will lead to further gains. The Sterling has exceeded it’s 1st upside tgt of 160. Only a couple of closes over 161.70 will … Continue reading
A.M. Look 1/14/11
Spu…late yesterday into early Wellington the Spu put in a double top on the point & figure charts @ 1284.25. We are seeing an expected pull back off that formation. 1273.60 is a day session # we expect to see … Continue reading
A.M. Look 1/12/11
The Aussie,Aud/Cad,Euro have all reached their first set of downside tgt’s yesterday or last night. Currency traders should be patient and wait for good re-tracement levels to try the short side again. The market needs a little time to see if the … Continue reading
TBT…30 Yr. Bond Futures
Buy a 30% piece back in the TBT.. (Long TBT) This is basically where we got out last week. That’s right! I can’t stand not being short a bigger position in the 30 Yr. The stop on this trade is … Continue reading
A.M. Look 1/11/11
The most interesting feature on the board this a.m. is the AUD/CAD. 97.30 ish is the level we are monitoring off a qtrly look, a good violation of this area would lead to a test of 96. EUR/CHF …124 should … Continue reading
A.M. Look 1/10/11
I do not see much to do this a.m. Let the day unfold. The Silver needs price action over last night’s high to show new strength while Gold keeps rejecting 1378. The March Soybeans are back to the 1350-60 level. … Continue reading
Nasd…TBT…Russell
A close below 2267.50 in the NDH futures puts in an outside reversal day to the downside. Again this is generally a price negative pattern. The TFH ( Russell Futures) will put in an outside reversal week to the downside … Continue reading
TBT
Follow the bonds..right now the higher yields from expected growth are being reflected in weakening precious metals/with a stronger Dollar The chase for yields in the New year is on. Spu/Bonds spread is getting to the upper retraces on a … Continue reading