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Daily Archives: 05/13/2013
JPM
With today’s love fest on Bloomberg with Jamie Dimon, no wonder everyone is buying JPM. A close today over 49.23 puts in an ORH day, which is a price positive pattern. The stop on any new Long is 48.40.
Crude Oil
The weekly support level comes in app $94.00 +- 15 cents. 93.65 will be a pivotal closing level to focus on. By holding the breaks into mvg avg and Fib support around 93. Oil can be bought for short term … Continue reading
A.M. Look 5/13/13
30 yr. Bonds…after putting in an ORL day and week on unemployment, Bonds are attempting the triumvirate which would take a close under 144.00 at Month end. Spu’s…still need some sustained and closing price action under 1619 for lower. Gold…needs … Continue reading