Tag Archives: U.S. Dollar
A.M. Look 8/19/11
Risk Off is still in full swing. I do not expect any change in that footing today. New lows or highs in any instrument are not to be chased or pressed for direction!! Nasd 100 Futures…2030 ish is the big Fib … Continue reading
A.M. Look 7/18/11
The fear trade continues…Short Euro/Long Metals.. 1298-1302 S&P 500 futures is still a key technical level. This continues to be a market for short time frame traders, while stocks like AAPL have become the recipient of a seeming flight to … Continue reading
Big week…Food for Thought
It was a big week last week. There are many lessons to hopefully be learned from how it all unfolded. Today, I want to focus on three things: 1- Stock indices and single stocks; 2- The Euro as an example … Continue reading
U.S. Dollar…SLV
The Dollar still acts bid and investors who bought the Silver yesterday should sell 30-40 % of the long SLV position to pay for the stop.
Pre Unemployment Patterns…Risk Off
These levels do not change so please keep them. I will not re-visit these in the a.m. The crude just gave back 50% @ 99.40 of this years move and still going. I’ll start looking another 4 dollars lower for … Continue reading
A.M. Look 3/7/11
It’s just another Monday with equities up, a weakening Dollar, and rates edging back up. As long as we hold Friday’s low in the equities on a closing basis, look to buy the breaks and sell the rallies. My longer … Continue reading
A.M. Look 3/2/11
Pick a side today and trade your technical levels with tight stops. Oil will continue to drive the equity markets in the near term. The only stand out pattern on the board from last night was the 30Yr. futures finally … Continue reading
A.M. Look 2/10/11
The currencies are the main feature across the board this a.m.( The Dollar is stronger across the board) The Euro having reached it’s resistance yesterday is now back at the weekly support area. USD/JPY is back to the model breakout … Continue reading