Saturday, August 31, 2013

BIDU

BIDU
Price is in a nice channel and remember the longer the price stays in the channel, the BIGGER the move long or short. Hope this helps

Oil futures

OIL 
Next price targets for oil based on Fibonacci extensions. See chart. Unfortunately, this all depends on what happens in Syria. I believe if Oblamea attacks - commodities will explode. Just my opinion! Hope this helps.



If you don't trade futures, you can use the USO etf.

Long @ 38.63
Target 1 39.46 HIT 
Target 2 40.29
Stop @ 39.66 

Thursday, August 29, 2013

GOLD

GOLD 
Key levels to watch on gold (see chart). If price can break out of the shaded area either way should make for a very nice trade. Hope this helps

Nasdaq futures

NASDAQ
Looks like the place to concentrate on is the NASDAQ. Much stronger than the other markets. Hope this helps                                                              
                                                                S&P Futures
Much weaker than the NASDAQ. Maybe the NASDAQ will lead the markets higher? Syria whats next? Hope this helps

Wednesday, August 28, 2013

Natural Gas futures

Nat Gas

Long @ 3.587
Target  @ 3.602 HIT

Cocoa Futures

Cocoa Futures
Price should break out shortly, but then again one never knows. Worth keeping on your watch list for a breakout. Hope  this helps...

ARIA

ARIA
Nice long setup. See chart for entry, stop and target. Hope this helps

Long @ 19.32
Target one @ 20.04 HIT
Target two 20.52 HIT 
Target three @ 21.30 HIT
Target four @ 22.49 HIT
Target five @ 24.59
Stop @ 20.70

Monday, August 26, 2013

Corn futures

Corn Futures
If the price can close above 511, should be a nice long trade.
Target one @ 518.50
Target two @ 528.25
Target three @ 551

Hope this helps

Sunday, August 25, 2013

Microsoft & Facebook

Long MSFT @ 35.20

Long FB @ 40.64 
Target one @ 41.12 HIT 
Target two @ 43.56 HIT 
Target three @ 45.00 HIT
Stop @ 41.44 Hope this helps

FST

Adding to long position @ 5.57. Hope this helps

Oil Futures

Oil Futures
Heres a long setup on a one hour chart. See chart for entry, stop and targets. Hope this helps 

Friday, August 23, 2013

Cotton futures

.Cotton Futures
Nice short setup - see chart for target, stop, and entry. Hope this helps

Short @ 83.99
Target 1 81.79
Target 2 79.34

Thursday, August 22, 2013

SWKS

SWKS
If the price can break to the upside (above 24.84), I will get long with November 25 calls. Hope this helps

Long @ 25.29
Target one @ 25.99 HIT
Target two @ 28.52
Target Three @ 29.48

Stop 25.89


SLV

SLV
Nice long setup see chart for entry, stop and targets. 
Hope this helps
Target one @ 23.72 HIT
Target two @ 25.25
Target three @ 26.70
Stop @ 23.58


Tuesday, August 20, 2013

Stocks to watch tomorrow morning

IRF above 25.53 Long @ 25.53
NFLX above 273.24 
ONVO above 6.15
BBY 34.82
Normally I would take positions on these setups, but the Fed minutes from July meeting are being released tomorrow at 2pm est... Hope this helps

CLDX

Long at 20.99
Target one 21.32 HIT
Target two 22.33 HIT
Target three 23.91 HIT
Target four @ 24.50

Sugar futures (SB)

Short @ 16.44
Target one @ 16.09
Target two @ 15.93
Stop @ 16.57 STOPPED OUT!

Friday, August 16, 2013

BRCD

Long @ 8.05
Target one 9.84
Target two @ 10.58
Stop @ 7.54

Trade never activated

Tuesday, August 13, 2013

DDD

Long @ 49.99
Target one @ 51.45 HIT
Target two @ 53.18 HIT
Target three @ 56.10 HIT
Stop @ 45.50

SDS

SDS
See chart for long setup entry (white line), targets (green lines) and stop (red line). Hope this helps 

Target one @ 37.38 HIT
Target two @ 38.47 HIT

Monday, August 12, 2013

GLD

Long @ 129.72
Target one @ 130.59 HIT
Target two @ 133.83 HIT
Target three @ 136.53

Sunday, August 4, 2013

S&P & VIX

SPX

                                                                           VIX

I've patiently been waiting a long time for this setup. Look at the spikes in the VIX and pull backs on the SPX (see chart red dotted lines). The price drops on SPX range from 35 to 160 and it looks like we are very close to another spike on the VIX. Hope this helps

Friday, August 2, 2013

Goldman Sachs

GS
                              
                  BULLISH! Hope this helps...

Euro

EURO
If the price can break the down trend line, we should see a test of the previous high. Hope this helps