Tag Archives: U.S. Dollar
Midday Missive
AAPL..174.78 is the bottom of the gap Closing over 176.20 would lead to another $10 dollars MYL..I bought Mylan in the room @ 31.05 2732 is the 50 WMA in the Spu’s which is capping the Index for now. It’s … Continue reading
The Late Show
Everything is going. I sold another 1/3 of my 123 GLD calls You should get them around 2 dollars or better. I have a resting order to sell the rest @ 2.48. Looking for another 5 dollars. Baring anything Powell … Continue reading
A.M. look 10/2/18
Italian politics has Europe in the boil again today. Dollar is up with Bonds seeing the safe haven bid Spu’s…25X3 shows a range bound trade. The pattern says do not sell weakness There will be no room today!
A.M. Look 9/21/18
Today is a major Gann day with quad witching. It can be a helpful timing indicator. https://www.investopedia.com/articles/trading/08/gann-indicator.asp The Dollar took a break in London with the Pound weakening and Aussie rejecting it’s 50 DMA. Aussie has recently been trading firm … Continue reading
A.M. Look 7/18/18
CSX & MS are up on good earnings. The Grains are acting well on the back of a stronger dollar. I’m expecting a back and forth rotational day after yesterday’s one way trade.
Midday Missive
Dollar profit taking is having its way with Oil and the associated names. GOOGL..1117 is resistance and the bottom of the gap. MELI ..can reject anywhere into 325 the first time up.
Midday Missive
AAPL..166.87 starts support. 200 DMA @ 165.53 USD/MXN is reversing last Friday’s pattern and putting in a ORH week, weaker peso=risk off equities. GBP/USD…ORL weekly pattern working. The house of lords crowd are wearing the family heirloom attire handed down … Continue reading
The Late Show
The Dollar devalue trade is back on today after a very rough start. HON,GD,LMT,BA,MMM all do well with a dollar weakness Commodity currencies are up and going which bodes well for more Equity Index strength. Spu’s project to 2840 off … Continue reading
A.M. Look 11/7/17
PCLN is trading close to $200 dollars lower, right into its 2017 first qtr close. Sell stops should be app 1718. The Dollar buyers came back in last night. The board will need into NYSE opening to see what’s next
Midday Missive
French Oats and British Gilts are in rally mode, leading rates lower. They are currently showing ORH Patterns. This brings me back to Friday’s commentary for today’s trade date, where I said I had no interest in being short any … Continue reading