Monthly Archives: March 2014

Midday Missive

Posted on 03/17/2014

EWP…Spain breaks out to the upside with a close over 40. GD…general Dynamics is putting in a potential ORH DAY. A close over 109.70 can lead to another 10% rally. YAHOO…daily support is at 38.25-30. UA…has a tgt of just … Continue reading →

A.M. Look 3/17/14

Posted on 03/17/2014

Stocks… Nasd 100…(H)…. 3595-3605 is the cover zone for shorts, right into the 50 day mvg avg support zone. Buy stops are @ 3661 with 3675 first resistance. Spu’s…(H) currently need over 1853.00 for a recovery. Spu/Bonds… are currently trading … Continue reading →

Midday Missive

Posted on 03/14/2014

The 30 Yr. Bonds are leading the parade with a double top @ 135.15 (H). Spu’s (H)…need to sustain over 1852.50 for higher. Think SPU/BONDS. The spread is running the world. What’s absent from the early wiggle is the lack … Continue reading →

Silver… Pattern Alert

Posted on 03/14/2014

A close today over 21.68 puts in an ORH week. This will be a very late day set up.

A.M. Look 3/14/14

Posted on 03/14/2014

Stocks… Nasd 100…(H) 3635 is a potential weekly double bottom with stops below. This is a go or no go area. DB…is working on an ORL qtr with a month end close below 45. DAX…(H) caution back over 9010. Bonds … Continue reading →

Late Day

Posted on 03/13/2014

PCLN…is finally giving up the ghost with the Euro. The downside is 1283 followed by 1241. EURO…138.43 is today’s ORL# and support. Once below, look for this to move in 75 tick increments to the downside. Nasd 100…(H)…. Resting sell … Continue reading →

Dow Transports

Posted on 03/13/2014

Transports have a potential double top on a weekly chart @ 136.90. Today’s ORL# is 134.74. A close today below this level is a negative indicator. More Risk Off.

Midday Missive

Posted on 03/13/2014

Spu/Bonds rejected a retest of the ORL pattern. I went to great pains this A.M. to link this pattern to GOOG. USH…march Bond Futures break out to the upside over 133.29. TLT…would need a close over 107.40. EURO…Bears can sell … Continue reading →

Equities

Posted on 03/13/2014

TSLA…246 is resistance and the upside pivot EBAY…58.31 is resistance and the upside pivot PCLN…1349 is resistance and the upside pivot IBB …265.40 is resistance and the upside pivot NFLX… 444 is resistance and the upside pivot JPM…58.19 is resistance … Continue reading →

A.M. Look 3/13/14

Posted on 03/13/2014

Stocks… GOOG will be a huge market tell over the next week. It was the first bell weather tech to put in an ORL pattern, which the broader market belatedly followed. Yesterday’s low was not low enough @ 1184. 1178.50 … Continue reading →