Saturday, August 31, 2013
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
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 helpsLong @ 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
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
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
Nice short setup - see chart for target, stop, and entry. Hope this helps
Short @ 83.99
Target 1 81.79
Target 2 79.34
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 helpsLong @ 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
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
Target one 21.32 HIT
Target two 22.33 HIT
Target three 23.91 HIT
Target four @ 24.50
Sunday, August 18, 2013
Friday, August 16, 2013
Tuesday, August 13, 2013
Monday, August 12, 2013
Friday, August 9, 2013
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
Euro
EURO
If the price can break the down trend line, we should see a test of the previous high. Hope this helps
Thursday, August 1, 2013
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