Tag Archives | Ichimuko clouds

US Dollar Index (Daily), June 15, 2014 - Option Queen Letter

Option Queen Letter

The business press attributed the nervousness seen in market prices this past week to the various global conflicts grabbing the headlines. The media always has to have an actual reason for market retreats when in actuality, the markets took a breather and gave back all of the previous week’s gains. Markets go up and they […]

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US SPX 500 Futures (Daily)

Option Queen Letter

The headline front cover of Barron’s this week is: “The New Face of Wall Street.” This is a bit scary in that when Wall Street makes radical changes they appear at times when a trend is ending. Mortgage bundling was a New Face, that didn’t turn out well for the public and the country. Just […]

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US SPX 500 Futures (Daily) for the Option Queen Letter

Option Queen Letter

Has anybody noticed that today we can not only go to a pawn shop to hock stuff for quick cash but there is a web-site called Borro.com. Just turn on the television and watch their ads. They accept luxury handbags, wines, antiques, cars, watches, jewelry and precious metals for a quickie loan. Oh, they don’t […]

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S&P 500 Futures (Daily) chart

Option Queen Letter

The recent data release from the bureau of Labor statistics (BLS) on Friday shows that there was no wage growth in the April reporting month. The actual facts are that there has been no upward movement in wages for years, when considering inflation yada yada. Will a minimum wage hike help; we seriously doubt that […]

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S&P 500 Futures (Daily) chart for the Option Queen

Option Queen Letter

The low for the S&P June future’s contract on April 14, 2014 was1803.50 and the high, seen on April 24, 2014 was 1882.50. That trading range will remain for the coming weeks unless either the upper or the lower levels are broken decisively. This week we will have a two-day FOMC meeting with no scheduled […]

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US SPX 500 Futures (Daily) 2014, 04, 20

Option Queen Letter

The bull market in US equities continues. While many pundits are calling for a top, and we agree that there are ominous signs in this aging bull market to support that opinion, we must remind our readers that markets tend to move directionally and generally resist change. A bull or bear market can continue longer […]

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NASDAQ 100 Futures (Daily chart), April 13, 2014

Option Queen Letter

The lines in the sand for the NASDAQ 100 are: 3413.70 and 3396.72. The 200 day moving average is sitting at 3388.23. The S&P 500 will find support at 1792 and 1780. We expect to see these markets open lower and then rally. No we are not totally oversold and continue to have some room […]

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Option Queen Letter

The good news on the stock and bond market is; that the talking air-heads have stopped talking about finding a bottom in the market. This is the first symptom of an impending bounce in the wind. This bounce can take the market on a wild ride to the upside, but a ride that may not […]

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