June, 2015 |

S&P 500

Posted on 06/30/2015

https://www.youtube.com/watch?v=lbDAvO44CRQ

Stocks… SHCOMP…4099 is the monthly ORL #. 4416 is resistance. Hack…30.93 is the near term hold level. A close under 30 is needed to break the current chart pattern. Bonds … 30 Yr. Bond…152.06 is the low risk sell zone … Continue reading →

Midday Missive

Posted on 06/29/2015

Over the weekend John Paulson announced he was starting a Healthcare fund. Like Krieiger, the former Bankers Trust trader, who made a fortune shorting the Pound in 1992, the follow up trades were less than stellar. Paulson started a Gold … Continue reading →

A.M. Look 6/29/15

Posted on 06/29/2015

Stocks… Spu’s…2083-86 is resistance. 2054 is the 2014 close, last night’s low. It will take a couple of closes under the 200 DMA to see a bigger correction. SHCOMP…4099 is the monthly ORL #. 3854 (.618 ) of the yr. … Continue reading →

Greek Drama

Posted on 06/28/2015

A.M. Look 6/26/15

Posted on 06/26/2015

Stocks… Spu’s…(U) 2126 will act as resistance and the upside pivot. 2090 is support. I would not be looking for more weakness unless we closed under this level. Dax…11,250 is the low risk buy level. This is the spot to … Continue reading →

A.M. Look 6/25/15

Posted on 06/25/2015

Stocks… Spu’s…(U) 2126 will act as resistance and the upside pivot. Dax…11,250 is the low risk buy level. This is the spot to buy the Dax with a tight stop. 11,560 is the 50 DMA. SHCOMP…will need sustained price action … Continue reading →

A.M. Look 6/24/15

Posted on 06/24/2015

30 Yr. Bond Futures

Posted on 06/23/2015

147.29 is the monthly mvg avg hold #. Price action and a close below opens up the door to another 5 Bond points. The 30 Yr. yield chart has further to go. The dollar will remain bid with a rising … Continue reading →

A.M. Look 6/23/15