Foreign Currency
Posted by StockRake on April 29, 2010 in Foreign Currency, Gold Stocks, Leveraged ETFs, Leveraged Funds, Technical Analysis, Trades
Gold, Its No Coincidence
Two sectors working right now are Guns and Gold. Is it a coincidence with the market taking a 1 day hit that killed the uptrend line, closed below some 21d ema’s, looming financial regulation, European debt rating downgrades, and with the European issues bubbling up? No. There are no coincidences. Only what is. I’ve been …
Posted by StockRake on February 16, 2010 in Brazil Stocks, Chart Fest, China Stocks, ETFs, Foreign Currency, Technical Analysis
Charts of Currency ETFs and BRICs ETF
For this week (and possibly beyond) I have a technical macro bearish bias, but this upcoming Friday is pivotal and could change things. Today was a major shift, but Monday’s don’t count. Things can look great on Monday and then by Friday you’re totally engulfed in red candles. The following charts below include my bearish …
Posted by StockRake on January 28, 2010 in Brazil Stocks, China Stocks, coal stocks, Commodity Stocks, Foreign Currency, Gold Stocks, Leveraged Funds, Market Comments, Options, Stock Market Charts, Technical Analysis, Trades
Futures Rocking Right Now
I tweeted earlier today that I predict some forex/oil mumbo jumbo will be the excuse for further market poppage. It looks like that is the case right now at about 12am est. I sold my GS today (wrongly so), but still made a profit on those 155 calls. The target was not hit, but likely …
Posted by StockRake on December 16, 2009 in Foreign Currency, Market Comments
The Euro Is Oversold
For the short term the EURO is oversold. That could give a lift to US markets if the dollar takes a breather from its rally and EURO takes a breather from its sell off. DRR is the double inverse EURO etf. The red represents overbought or too hot. FXE is the EURO etf.
Posted by StockRake on October 7, 2009 in Foreign Currency, Health Care Stocks, Japan Stocks, Leveraged ETFs, Leveraged Funds, Trades, What Worked Today
UNH and AET Call Options, Another Nice Gain 23%
The only trade I had coming into today were the UNH and AET calls I mentioned yesterday. I sold those calls on the morning pop. At that same time, my wife was out of the house, and I was home with my 1 year old son. I look at my ThinkorSwim desktop and bam I’m …
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