Tag Archives: tbt
A.M. Look 8/20/14
Stocks… VIX…12.66 is the 50 DMA resistance and the short term upside pivot. 13.62 is the 200 DMA. Nasd 100…4080 is the first exit level for this swing. 4160 matching the 2000 semi annual high is the second tgt. … Continue reading
Midday Missive
30 Yr. Bonds… are attempting to top. By remaining under 140.00 they have the potential to break another point. TBT…by maintaining above 56.85 close, TBT can rally to 58 which is the next resistance level. Banks benefiting from the price … Continue reading
A.M. Look 8/13/14
Stocks… Spu…1939-42 is resistance. 1952 is 50 DMA resistance. Nasd 100…looks better than the broader market. 3910-15 is resistance and the closing upside pivot. Do not fade price action above 3920. Midcap 400…138600 is closing resistance. DAX…9200 is … Continue reading
Hiatus
I’m traveling tonight through next Wednesday. There will not be any research or Webinars until next Thursday. In case you haven’t noticed, every time I head to O’hare the markets implode. TBT Calls…after reaching over 100 this A.M. they’re quickly … Continue reading
A.M. Look 7/31/14
Stocks… GPRO,TSLA,EXPELNKD,TMC,XOM & COP will report earnings today. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for confirmation of a high. Bonds have to keep rejecting this level on rallies which is the weekly ORL #. … Continue reading
TBT…Call Reminder!!!!!!
Don’t wait for an engraved invitation. We’re very close to the strike in the TBT! You need to scale out ( take profit on 60-70 %) of this trade Before the Fed announcement in 50 minutes!The game plan is to … Continue reading
TBT Call Trade Alert!
SELL 70% of your Long AUG 1 59.50 TBT callsOn a 59.50 print in the TBT…this is a situational trade. Good until canceled. I want to lock in 70 % of the trade as the TBT approaches or trades @ … Continue reading
A.M. Look 7/29/14
Stocks… ABX…breaks out to the upside over 18.80. FCX…gains upside momentum over 38.50. MELI…strengthens with a close over 92, which then gives it potential to reach 100. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for … Continue reading
TBT…Trade Alert!
BUY TBT AUG 1 59.50 Call @ 29 cents. 59.50 is the next resistance level. These Calls expire Friday which takes you through the unemployment release. If the trade is right, this options strike will give you the most bang … Continue reading
A.M. Look 6/24/14
Stocks… AUQ…Aurico Gold is attempting an ORH month with a close over 4.35. As long as this holds breaks around $3.90-4 this has potential to make a run toward 6 on the longer time frames. ABX…18.13 is the 200 DMA … Continue reading