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CGTS CURRENCY TRADES FOR MAY DAY 2014

What do we like today in the currency markets? We like the Brazilian Real against the US Dollar. We like the Australian Dollar against the Chinese Yuan. We like the Japanese Yen against the Russian Ruble.

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(click to enlarge)Click to enlargeOur BONUS Chart of the Day: we also like October 25 calls in ITMN, Intermune. This gave a buy signal two days ago; but we like the way it looks at this point.

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Good luck trading.

Michael J. Clark, CGTS

Hanoi, Vietnam 5/1/14