Tag Archives: U.S. Dollar

Midday Missive

Biotech has been driving the train all morning with longer term money trying to pick up bargains in the Oil patch. The Greenback is bid giving investors a reason to put those dollars to work in our Equity market. DIG…looks … Continue reading

30 Yr. Bonds

30 yr….133.30 can hold. The macro sell stops are 133.13. Follow the Bonds….they are leading the dollar higher and keeping the metals on the defensive. TBT… 1st resistance @ 75.60

Midday Missive

Natgas…is looking unhealthy. This is attempting an ORL day. What is most bearish about the formation is the sustained price action under the 200 day mvg avg @ 3.656. 3.71 becomes my macro upside pivot. We’re looking for this to … Continue reading

Position Update…Stop Adjustment

We were stopped out of the remaining Long TBT. We are still Short 30 yr. Futures… JJG orders to sell and take profits are working and still good. Cancel/Replace…Lower the protective BUY Stop to 144.16 from the original 145.05 Cancel … Continue reading

Gold…Silver…Pattern Alert

1715 is the first 30% Fib retrace from the 1793 Leap Year high. A close today over 1705 puts in an ORH day, defining a trad able low. The Silver ORH # is 34.19 for the all session (K) May contract. … Continue reading

A.M. Look 9/13/11

Another big day trading day is setting up. Buy the breaks & Sell the rallies. Two notes of interest this A.M.: The Singapore Dollar, which has been the strongest and most stable currency in the World, has also given up some … Continue reading

Uncle Buck

The outside reversal week in USD/NOK looks to be a lock. Last week it was the Brazilian Real, UUP, and the Dollar Index The average big standard deviation move in a major currency is usually 8-10 figures. You got that this week … Continue reading

Dollar Bulls

88.25-50 USD/CHF ( app 113.25 Sep Futures) This is 2 year FIB area that represents support for the Swiss and a trouble zone for Dollar bulls the first time in. Euro..Monthly stops should lie @ app 138.37. The first 2 … Continue reading

TBT…Metals

This is for all investors and Traders.. I am buying a 30% position in the TBT with an intra-day stop just below today’s low. Very long term investors who have been involved,Long the Metals ETF’s, should take your money ( … Continue reading

S&P 500 Futures…U.S. Dollar…SPU/BONDS

So far it’s been an opening range trade. Sustaining above this level (low 40’s)…1160.50-1182 is the area that crushes the longs again and will provide Bears with a place to look for reversals and selling opportunity. If we see these … Continue reading