Tag Archives: Stock Indices

A.M. Look 5/15/13

Posted on 05/15/2013

30 Yr. Bonds…the next set of month sell stops are 142.00 tgting 139, however this instrument is oversold short term with a double bottom @ 143.16 put in overnight. TLT…116.56 is support. Once closing below we‘re looking for 111 Spu’s…need … Continue reading →

30 Yr. Bonds…TBT

Posted on 05/06/2013

Now that the 30 yr. has broken down, confirming it’s ORL patterns, you should be in “sell the rally mode” until we regain today’s high of 147.08. (that would require significant weakness in the Equity Indices ) Short term, there … Continue reading →

A.M. Look 4/24/13

Posted on 04/24/2013

30 yr. Bonds..147.12-15 is support and the downside pivot. Bunds..145.32 is support. Only a close below 144.85 changes the picture. Italian 10 Yr…144.38 +- a few is the hold area. Sell stops rest @ 144.23 with 113.67 being support and … Continue reading →

A.M. Look 3/19/13

Posted on 03/19/2013

Spu’s…these need to go 1554 bid and close over 1563 for higher. Sustaining under 1543 can see a break to test the lows of Sunday night (1529-31). Oil…94.00 +- 10 cents is current resistance and the short term upside pivot … Continue reading →

Equities & Metals

Posted on 03/08/2013

The lows are good in the Indices. All new price action is needed below today’s lows for any Risk Off. BRKA…would need sustained action under 154,683 for lower. GS…151.95 Goog…821.50 is near term support. This level needs to hold on … Continue reading →

A.M. Look 2/20/13

Posted on 02/20/2013

Oil…(H) March expires today. April needs all new price action over 98.15 ish for higher. Buying strength above 97.50 is not recommended. EUR/GBP…87.70 is half way back for the past 6 years. GBP/USD…qtrly sell stops are app 152.30-15. 152.80 is … Continue reading →

A.M. Look 2/19/13

Posted on 02/19/2013

Oil…by maintaining below 95.70 (H) we’re looking for 93. April oil becomes front month tomorrow and the #’s will line up differently. Copper…weekly support comes in between 365-366. 360 is the key monthly level with stops below. Silver…30.66 is mvg … Continue reading →

A.M. Look 2/12/13

Posted on 02/12/2013

USD/JPY…point & Figure shows a double top ( Bottom in Futures) @ 94.40. Our downside tgt of 106.20 futures/ 94.16 USD/JPY has been reached. 105.32 Futures is the next level of interest. EUR/AUD…as long as this remains over 130.40 this … Continue reading →

IBM_-_Intl_Business_Machines_Daily.gif

Posted on 02/07/2013

This is the one to watch for the next move in the Indices. It either holds in here or it’s going to 197-196 ( into the 200 day) where you can buy with  reasonable risk controls

A.M. Look 1/23/13

Posted on 01/23/2013

EUR/JPY & AUD/JPY…last night’s lows both came down into mvg avg support which held. Closing under those lows will lead to a descent correction. For now it’s just some profit taking and noise coming out of Davos. USD/JPY…our futures levels … Continue reading →