Monthly Archives: August 2015

A.M. Look 8/31/15

Stocks… Spu’s…1967.25 is today’s sentiment # for end of day trading. Good above/negative below. Nasd 100…mvg avg resistance is 4388-95. Bonds … Bund…154.52 is today’s resistance FX… USD/JPY…120.72 (82.83 Futures) is the 200 DMA. Spu’s up = Yen down. Euro…is … Continue reading

Midday Missive

Oil…this is an upside breakout which could run close to 47 which is the first Fib retrace coming back up on the year. Later in the day if you get a pullback into the 43.40 area buy some upside. I … Continue reading

A.M. Look 8/28/15

Stocks… Spu’s…1967.25 (last weeks close) will be pivotal all day as it was yesterday. 2000 is the 50% Fib retrace level where bears will give it another go. Nasd 100…mvg avg resistance is 4388-95. Bonds … Bund…154.52 is resistance and … Continue reading

The Late Show

The Spu’s are up at everybody’s resistance. I think we just power through the zone. In order for there to be profit taking the Spu’s have to trade back below 1967.25 ( last weeks close). This would mean that GOOGL … Continue reading

COP…Energy & Healthcare

​Energy and Healthcare are the two sectors worth reviewing. There is massive short covering in the EEM off this Oil rally.​

Midday Missive

It’s all in a name. The indices will be a nightmare to trade. The Nasd 100 will remain firm as long as IBB holds today’s low of 344 which is it’s 200 DMA. BBY…36.05 is the 200 DMA. Closes over … Continue reading

A.M. Look 8/27/15

Stocks… Spu’s…1964.50 was Sunday’s opening range with small buy stops above. Sustaining and closing above should solidify this low. This is an exit zone the first time up for Futures traders. Bears will give it one more go @ 1978. … Continue reading

The Late Show

There have been a tremendous amount of treasuries sold last night into today. After 2 CDT is when the rubber hits the road. We need to see if any of it translates into stock buying late. So far this rally … Continue reading

A.M. Look 8/26/15

Stocks… Spu’s…1950 will act as resistance. Bonds … Bunds…154.58 is today’s resistance area   30 yr. Bonds…weaken under 157.22 close   FX… The dollar is reacting to the Spu’s. You can’t buy strength or sell weakness.   Commodities… OIL… 39.80 … Continue reading

Midday Missive

Bunds & Bonds have gone from one extreme yesterday to the other extreme. These charts show it is no longer profitable to be short treasuries into these levels. TBT has hit it’s first mvg avg resistance @ 43.90. Euro…I doubt … Continue reading