Tag Archives: X
A.M. Look 9/11/12
Natgas…put in an ORH day yesterday. The Daily Pit chart shows 2.90 as a big mvg avg cross. Sustaining and closing above this level will lead to higher prices. AUD/USD…is caught between 103.25 and 104.15-25. AUD/JPY…80.69-62 is an important hold … Continue reading
X…PIN…EWZ…BHP…30 Yr. Bond Futures
X…Buy a little of this at the market if you want it. Add @ 20.40. PIN…17.15-20 is the low risk buy zone. EWZ..closer to 54 BHP…66.23-40 is the lower risk entry level. 30 Yr…147.31 (U)…146.16 (Z)…now become big pivot levels. … Continue reading
TLT…SSO…AAPL…IBM…MOO…X
The game is Long Equities/Short bonds…SPU/BONDS AAPL needs under 443.75 to break. Even then, we would not look for anything more than a 432 print. IBM & MOO… looking good. Tech and AG… X..U.S. Steel looks good for a trade … Continue reading
Making the Most of A.M. Look
Utilization…Playing the lotto with Tgt’s…the more the merrier. Early yesterday we were focused on the Equity/Bond spreads both here and in Europe. In the first half hour of NYSE trading we saw tgt levels get hit in the SPU,30 Yr … Continue reading
Positions…Pattern Alert SPU
You should now have enough Long SDS to totally cover any long exposure. The stop in the S&P 500 Futures is a new high. All other instruments ….stops should be raised… MOO…50.90 XLE… 71.30 X …27.90 Note the above stops … Continue reading
A.M. Look 1/23/12
The moves over the past couple of trading days have been run off SPU/BONDS and DAX/BUND. The sell off in the Bond markets have been keeping the equities buoyant. Watch the price action in the Bond markets for clues to … Continue reading
Stops
MOO…49.95 Stop Close XLE…..70.40 stop Close DIG… OCO “One cancels the other” sell @ 47.40 or 46.15 stop FXA…OCO…sell @ 104.85 or 103.75 stop OCO orders are designed to take profits at a desired level while leaving a trailing protective … Continue reading
A.M. Look 1/20/12
ORH…Outside Reversal Higher…price positive pattern SLB…71.45 BTU…37.55 HAL…36.71..(shows a double top and a double bottom on the weekly…whichever way it breaks out) Euro…128.81 EUR/JPY…98.85 TBT…19.28 ORL…Outside Reversal Lower…price negative pattern 30 yr…. 142.01 Bund…138.43 TLT….117.68 ( this has a weekly … Continue reading
A.M. Look 1/19/12
Euro…128.81 will be the level to monitor for direction over the next 2 days. A close tomorrow is needed over 128.81 for an “ORH” week. It’s worth keeping an eye on this level to determine whether the Euro remains weak on the … Continue reading
Chart Patterns…X
A lot of names look great. Since I am not a fan of chasing with the horde, you have to look at the ones that have not had as big of a run. SLB,HAL & BTU in the Energy and Services … Continue reading