Tag Archives: usd/jpy
A.M. Look 12/16/13
Stocks.. Spu’s…I have an interest @ buying 1726-30’s. We hit support last night at the 50 day ” 1760″ and bounced hard toward 1785 resistance. Sustained Price action above 1778 will be price positive the index. I’m still using December … Continue reading
A.M. Look 12/6/13
Stocks.. Spu’s…I have an interest @ buying 1726-30’s. The big game is in 2 weeks as 2014 will begin to set up.I’ll pass on the early action, however if the Spu’s hold 1785 after the NYSE opening, you can buy … Continue reading
A.M. Look 12/5/13
Stocks.. AAPL…582-584 should prove sticky the first time up. All the macro buy stops are just over 600. We will be selling 50% of our remaining position at this level!!! Bonds Bunds…held daily,weekly & monthly support yesterday on the … Continue reading
A.M. Look 12/3/13
Stocks.. Spu’s…sustaining and closing under 1793.50 today could lead to a descent sell off. ( 96.52) SSO. TBT…78 should just about line up with the 131 level in the 30 Yr Futures. Closing over this level will confirm a new … Continue reading
Midday Missive…W/ Order Updates
Thanksgiving Thursday into Friday can provide for some nasty low volume reversals, however as stated yesterday, I think these will be muted this year due to the late holiday into month end. Markets typically go in the direction they are … Continue reading
AUD/USD…EUR/AUD…EUR/JPY
AUD/USD…anything down into 92.00 is a cover zone for shorts the first time down. EUR/AUD…145.74-146.00 is the directional trap the first time up. This cross just elected the monthly ORH buy stops above 145.54. This is a monthly level. Keep … Continue reading
A.M. Look 11/21/13
Stocks.. Spu’s…need to sustain over 1788 to get the bears to stop selling rallies Both the Nasd & Spu’s are still holding. Nikkei…is the Bourse that everyone has in their sights. Bonds 30 yr. Bonds…sell 1 point rallies FX… … Continue reading
SSO Trade Follow Up..W/Emerging Markets
I’m not going to fool around with giving hard earned profits back this time of the year. We’ve made our year and it’s time to be conservative. Any print in the Spu’s near 1820 or 100 in the SSO will … Continue reading
A.M. Look 11/18/13
Stocks.. Euro Stoxx 50 (DEC)…3176 is qtrly resistance. FXI…needs to sustain over 39.25 to start a new leg up. TM,Ford & COP…are worth keeping an eye on for an early hold. Time to start looking for names that have been … Continue reading