Tag Archives: TLT
A.M. Look 2/7/12
Point & Figure Patterns this A.M. shows a double top in the SPU’s @ 1342.50 and the Brent OIL @ 116.70. Long Brent/Short WTI is the feature in the Oil Mkt. Spu’s…is all about where and how they hold breaks today into … Continue reading
A.M. Look 2/6/12
The strength in the dollar and the weakness in the precious metals has been the feature since the opening bell last night. SPU…we are looking to see a probe into the 1327.50-29.50 area & NASD..2500-02 during the Chicago pit session … Continue reading
Yen Crosses…Precious Metals…TLT
The currency trade is all about the yen crosses.. AUD/JPY & CAD/JPY…look to buy as part of a Risk on bias on any 8-10 handle pull back in the Spu’s…. EURO/GOLD is starting to move…short Euro/Long Gold.. Longer term Holders … Continue reading
Position Update…OIL
……………..Stop Close Profit Points Long TLT 116.50 121.70 Long XLE 70.40 80 Long NEM 59.80 … Continue reading
A.M. Look 2/2/12
This market remains a stock pickers paradise. The dating process has found the partners remain somewhat fickle. Good on the first date, not so good the next… The stock rotation makes it tough, with most instruments being an Island unto … Continue reading
Position Update…General Comments
Many of you have lightened up your exposure. TLT…Longs were originally paid for by selling partial positions just over 120 on Monday. We’ll adjust the stop on the remainder in the A.M. MCP…You should have no position left. We originally … Continue reading
A.M. Look 2/1/12
General Execution Note… Most of you are at your screens for the first few minutes of trading everyday, regardless of your day job. When an instrument is up 5% just after the opening, and 10% in a couple of trading … Continue reading
30 Yr. Bonds…TLT
145.08-13 is the next resistance band with natural stops resting above. 146.08-15 is the next Point & Figure level to look for a possible double top and reversal. TLT…macro stops are above 121.63-76. Sell 50% of your remaining Longs around … Continue reading