Monthly Archives: March 2014

A.M. Look 3/12/14

Posted on 03/12/2014

Stocks… Spu’s…(H) Put in an ORL day. 1st support is 1858. This either holds right away or expect a test of 1849-51. Nasd 100.. (H) price recovery back over 3689 is needed to avoid a test of the 3630’s Dax … Continue reading →

Midday Missive

Posted on 03/11/2014

BHP…can be bought with a 64.90 intra day stop. If this levels holds it will attempt a run to the 200 day mvg avg @65.95, a key closing level for more upside. IBB…breaks out to the upside with a close … Continue reading →

A.M. Look 3/11/14

Posted on 03/11/2014

Stocks… GOOG…1220 is the closing upside pivot. A breakout to the upside is needed to confirm another leg up in the Indices into month end. Spu’s..1859 is the lowest risk buy level. Nasd 100.. sustained price action under Friday’s low … Continue reading →

A.M. Look 3/7/14

Posted on 03/07/2014

Stocks… Spu/Bonds are attempting an ORH week. I’ll comment on the pattern near the NYSE opening. Spu’s..1856 is the lowest risk buy level. Nasd 100.. the low 3680’s should hold Bonds.. 30 yr. Bonds (H)…132.21 are where the macro sell … Continue reading →

Midday Missive

Posted on 03/06/2014

30 yr. bonds…133.11 is today’s 200 day daily continuation mvg avg support zone. USD/JPY…102.70 is the weekly ORL # (app 97.37 Futures), today’s opening range. Euro…138.24 is a potential double top. All new price action over this area is needed … Continue reading →

A.M. Look 3/6/14

Posted on 03/06/2014

Stocks… Nasd 100…3722 is today’s micro hold on breaks level. A close below 3655 Friday is needed for a downside reversal and potential market top. Spu’s (H)…as long as the Spu’s hold 1866, look for higher prices. A close below … Continue reading →

A.M. Look 3/5/14

Posted on 03/05/2014

Stocks… IYT…134.58 is resistance and the upside closing pivot. QCOM…sustained price action and a close over 76.75 is needed for a move to 83. DIS…81.59 will be pivotal the rest of the week. LNG…50.69 will be pivotal the rest of … Continue reading →

Midday Missive

Posted on 03/04/2014

Yesterday’s highs in individual names that gapped up today need to hold on any intra day pullback. I.E. GOOG…1207.50 Nasd 100 tgt has not changed. “3754” The markets have been a feeding frenzy since I woke up at 2 A.M. … Continue reading →

A.M. Look 3/4/14

Posted on 03/04/2014

Stocks… Nasd 100…3635 is the ball game for the risk on crowd. Yesterday low was a retest of the monthly ORH pattern.As long as this level holds there is limited downside. GOOG…Held matching yesterday’s low in the NASDAQ 100 Futures. … Continue reading →

Midday Missive

Posted on 03/03/2014

XLV…a close over 59.25 is needed to resume the uptrend IBB…today’s low of 258.78 is now important support to manage risk. Price action over 267 is needed for a continuation of trend. Ag names are on fire with the rally … Continue reading →