Close this trade out at the Market! We’re not going to pick a high in the Yen when the Board is Risk Off. We’ll eat the few ticks and take a look next week.
Let’s close out the remainder of this spread as best you can. There is still around a buck of premium left. AAPL…stops under 570 GS….119.66 is a key weekly closing level
While we continue to believe that the higher rate environment is nearing, this will not happen with the current Risk off board. This could take a long time and lots of De-leveraging before we see an absolute low in rates. … Continue reading
PCLN just hit major resistance @ 656. Take off (SELL) another 25% of your call spread the best you can.
We put this on for $2..it’s now trading @ app $4…a double in a day. Take 50% of this trade off best you can
We’re BUYING the 1455/1475 call spread for $2 dollars In the S&P 500 Futures This gives us a 2 week window for a possible rally. The main reasoning behind this is the 200 day mvg avg in the Spu/Bond spread … Continue reading
Sell another 25% @ the market…
Sell 25% of your Long exposure @ the Market.. Again, I’m looking at this as a trade.
Both the Spu’s and the Nasd 100 are attempting ORH days. A close over 1434.50 in the Spu is needed to complete this pattern. Nasd 100…a close over 2728.50 is needed for the pattern. Since the Nasd has had a … Continue reading
The Bonds are Mid market for the recent 8 point range. Even though there is no bounce to the 30 Yr. the rest of the board is looking vulnerable. Therefore, we recommend you taking some more money off the table … Continue reading