Tag Archives: Unemployment Report

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This isn’t working out, however Gold just broke to the unemployment lows and held. Since most of you private wealth guys are trading the GLD and not the futures we’ve resisted getting in and out. Per the chart, Gold needs … Continue reading

A.M. Look 5/4/12

Unenjoyment with the French elections and “Full Moon Trading” to complete the weekend Trifecta On Saturday, the United States will be treated to a “Supermoon” event — an evening where the full moon appears at its largest and brightest in … Continue reading

AUDUSD Macro Levels, Point & Figure

102.27-39 is where the intermediate support and stops line up. Again the big macro stops are around 102 AUD/USD. With the rate cut, the forwards have moved in. The futures are trading an app. 46 point discount to cash. We … Continue reading

Gold & Silver

This is usually when I give my monthly dissertation about Unemployment lows in the Metals. Typically the unemployment data has historically presented us with a good trad able low. These lows have provided us with great trade location and defined … Continue reading

A.M. Look 8/5/11

Gold & Silver…yesterday’s lows were great in both. Now we have to see if we hold those lows on the unemployment #( which have typically been the lows for the rest of the month). Moreover, the gold needs to close … Continue reading

A.M. Look 7/7/11

The game plan for the equity indices is to sell remaining long positions this A.M., on strength the first time up into the mid to high 1340’s based off the Spu. Take your money and wait. AUD/USD…107.70-90 ( app 106.70-80 … Continue reading

Miners…Gold…Risk On Rally

Many of you have positions in the Miners in varying degrees. After a few days of pain they’re preforming well today. Those of you who are in should stay the course, and we’ll continue to monitor the price action over … Continue reading

A.M. Look 4/8/11

I am sure the mid-week shuffle twisted a lot of heads yesterday. The 30 yr Bond short was the cheapest way to be long the stocks.  Long Spu/Short bonds anyone? The stock trade still has massive sector rotation, meaning it all comes down … Continue reading

Post UnEnjoyment Comments

The upside of the dollar looks played out for a bit, at least for the rest of the day Metals had a huge hold. Stock indices look vulnerable…The spu “late day” under 1266 ish is just not price constructive. Conversely, … Continue reading

A.M. Look 1/7/11

Our bets have been placed. Hopefully, you longer term investors took down most of your “risk on” exposure. The stops have all been paid for across all asset classes that we are involved in. Leave all your closing stops working … Continue reading