We wish our readers a most Happy Xmas. Enjoy your time with family and friends. General Comments orValuable Insight Short Term View… Keep trading to make money. The opportunity will be in individual names. Less is more this time of … Continue reading
Both the Euro & Aussie could have another 50-60 points to the upside and be total garbage. USD/CHF put in an outside reversal week last week and is presently not giving us any love. We’ll be letting this ride for … Continue reading
Stocks.. APPL…holiday bonus! Apple signed the China Mobile deal last night and is up 20+ dollars. Bonds… 30 yr. (Mar)…we had an order to sell the 30 Yr. Bonds @ 130.08. The high late Friday afternoon was 130.08. It looks … Continue reading
Sell another 5% position in the Swiss. Sell the March Swiss Franc Futures @ 2 p.m. CDT That’s the Chicago CME Pit closing time. We’re going to a 10% portfolio weighting Cash traders…You’re buying more USD/CHF
I had resting orders to sell the Euro and Yen on a rally. I neglected to leave a resting sell order in the Suisse. It just had a big rally to test the weekly ORL # in the futures to … Continue reading
Sell a 50% position in the Swiss. Go Short the Swiss Franc @ the market!
Stocks.. Nikkei…as long as there is no close below 15,500 we still have an eventual tgt over 17,000. Spu’s…1812 will act as the upside closing pivot. XLV…Love this with a 54.25 stop. Bonds 30 yr. (Mar)…the Bonds will spend the … Continue reading
30 Yr. Bonds…the next set of month sell stops are 142.00 tgting 139, however this instrument is oversold short term with a double bottom @ 143.16 put in overnight. TLT…116.56 is support. Once closing below we‘re looking for 111 Spu’s…need … Continue reading
Euro…We’ve seen a big rejection in both the Bunds and the U.S. 30 yr Bonds. Lower Bonds = lower currencies against the Dollar. A close today in the Euro below 129.70 is a sell on our work. A close below … Continue reading
Euro…130.60-30 is first near term support. “131.66” is the key level to focus on. Closing below this level Friday puts in an ORL week. USD/CHF…has the same pattern with 91.84 being the cash level to close over. GBP/JPY…below 140.56 this … Continue reading