Tag Archives: tbt
ORL Pattern Explanation
Today into tomorrow is when I’m looking for market direction to be confirmed. Will the Equity Indices hold up or go into profit taking mode? Spu/Bond spread is Long Equities ( S&P 500 Index/Short 30 yr. Treasuries) This helps us … Continue reading
Midday Missive
We sent out a few charts that bear watching this A.M. I’m looking for a wiggle up in the 30 yr. Bonds. I’m also looking to sell the first 1 1/2 point rally expecting price rejection the first time up. … Continue reading
A.M. Look 12/19/13
Stocks.. FXI..38.37 is the Hold level. Closes over 39 will lead to a new leg up. DXJ…50.20 is the weekly ORH#. You’ll have to give this to over 50.50 close to be sure it will go this time. EWG…needs over … Continue reading
TBT Calls Trade Alert!
Sell 1/2 DEC 27 81 TBT Calls @ 55. BY taking partial profits ( Paying For the trade)… This gives you an almost free look for this afternoon’s Fed release.
A.M. Look 12/18/13
FX… GBP/JPY…closing over 168.10 today will have investors pushing this cross higher into year end. General Comments or Valuable Insight I bought a few options yesterday in case the Bonds have another Fed moment and break a couple of points. … Continue reading
A.M. Look 12/17/13
Stocks.. Spu’s…Sustained Price action above 1778 will be price positive the index. I’m still using December #’s which is basically cash. The March (H) is trading 6.25 points under the December SSO…94.84 is the level matching 1778 December S&P 500 … Continue reading
A.M. Look 12/9/13
I will be out of office for the next couple of days for some scheduled body maintenance. I will not be writing, answering calls or returning e-mails until at least Thursday General Comments or Valuable Insight Many of the World … Continue reading
Midday Missive With/TBT STOP ORDER
30 yr. Bonds…after taking 3 months they came within 3 ticks of our original downside tgt of 129.08 and the qtrly uptrend channel line going back for the life of the Bond contract. They’re attempting an ORH day which would … Continue reading
DXJ…Stop Loss…Position Update
DXJ is attempting an ORL week to the downside with a close tomorrow under 49.41. While this could bottom going into tomorrow and go right back up, I’m sticking to my trading plan and the 49 stop on close . … Continue reading