Monthly Archives: March 2014

A.M. Look 3/31/14

General Comments orValuable Insight There is nothing new to report or do. The Spu’s are up 10 points on the year with the Nasd down 17 points. The Yen is following today’s weakness in the bonds with the Yen crosses … Continue reading

A.M. Look 3/28/14

Stocks… VIX…needs above 15.15 to rally to 15.84. The weekly buy stops are at 16.40 with 16.64 being weekly closing resistance. Nasd 100…3545-50 is today’s support and the next inflection level. The weekly breakdown level is 3576. Closing below here … Continue reading

Mexico

I’ve sent two charts which should be viewed for overall risk bias. The Peso has just reached it’s 200 day mvg avg (natural resistance) as the EWW is attempting an ORH daily pattern. If you believe a currency leads it’s … Continue reading

A.M. Look 3/27/14

Stocks… VIX…needs above 15.15 to rally to 15.84. The weekly buy stops are at 16.40 with 16.64 being weekly closing resistance. Nasd 100…3545-50 is today’s support and the next inflection level. The weekly breakdown level is 3576. Closing below here … Continue reading

Spu/Bonds

The worm is turning. Pay close attention to the spread which is attempting an ORL day. With the Nasd 100 flirting with 3593.25 (Unchanged on the Year) a close below would send the Bonds up another point. This is potentially … Continue reading

Midday Missive

Bund…143.61 is weekly resistance. Closing over this level tgt’s the 144.40’s. Spu/Bonds…the spread either holds right here or it doesn’t. The 30 yr. futures have made a higher high by a tick, which could be indicative of another directional trap. … Continue reading

A.M. Look 3/26/14

Stocks… DAX…needs closes over 9400 for higher. 9400-9380 is now support. EWG…30.12 is a potential weekly double bottom. Closes over 31 are needed for higher. Nasd 100…3655 is today’s resistance and the daily upside pivot. A close over 3694.50 is … Continue reading

A.M. Look 3/25/14

Stocks… DAX…needs closes over 9400 for higher. EWG…30.12 is a potential weekly double bottom. Closes over 31 are needed for higher. Nasd 100…3623 is mvg avg resistance and the daily upside pivot. Bonds10 yr. Bond (M)….by holding last night’s low, … Continue reading

Midday Missive

NFLX…has a potential ORL Monthly pattern working with 5 trading days left in the qtr. 397 is the ORL# AAPL…is bid on the spread against NFLX. It still looks too early for a sustained move up. GOOG…1146 is daily support. … Continue reading

Oil…Position Update

We were just stopped out of our remaining Short in the Oil @ 100.20. We have no current position in Oil. 100.43 is today’s 200 day mvg avg. Today’s mvg avg resistance zone is 100.43-64. Only a close over 101.30 … Continue reading