Monthly Archives: September 2015

Midday Missive

Posted on 09/30/2015

We’ve seen the initial short covering and new buying in many of the names and indices. DAX..is the one that just missed it’s definable resistance zone near 9760, the level I need to see closes over for a bottom in … Continue reading →

A.M. Look 9/30/15

Posted on 09/30/2015

Stocks… DAX, Spu’s & IBB all retested the August low in yesterday’s session. Closes under those levels are needed for a deeper correction. 1860 Spu’s, 9300 DAX, 284 IBB. Bonds … 30 yr. Bonds…157.16 is first resistance. Bunds…155.59 is today’s … Continue reading →

A.M. Look 9/29/15

Posted on 09/29/2015

Stocks… Bonds … 30 yr. Bonds…look to be headed to 156.20 +- a few, right where it took off from yesterday. The Long term Point & Figure shows that price action below 155.00 is needed for a trend reversal lower … Continue reading →

The Late Show

Posted on 09/28/2015

There is nothing to own. We’ve seen to weak rallies in the Indices today. The world is still long. I would look for general weakness to continue into Wednesday qtr end. Everybody would like to sell a rally now and … Continue reading →

A.M. Look 9/28/15

Posted on 09/28/2015

Stocks… Spu’s…sell stops are @ 1897.25 NASD 100… 4238 (unchanged on the year) “last night’s high” 4180-85 is near support. There is a 10 point wiggle room at this level. Nasd weakens below. GOOGL…put in an ORL day Friday. 621 … Continue reading →

A.M. Look 9/25/15

Posted on 09/25/2015

Stocks… Spu’s…1950.25 was last weeks close. Current resistance is into  1952-55 NASD 100… 4238 (unchanged on the year). 4319 is resistance. A close over this level is needed for higher. AAPL…118 is pattern resistance. NKE…is the standout performer this A.M. … Continue reading →

The Late Show

Posted on 09/24/2015

We’re seeing the Yellen short covering rally. This game will be played out in early Asian trading. NFLX..is attempting an ORH day PG…Procter & Gamble is putting in an ORH day. AAPL…is attempting an ORH day ​FB…needs over 94.32​   … Continue reading →

Midday Missive

Posted on 09/24/2015

Spu’s want to have a look at the 1898.75 sell stops. VIX…24.70 is mvg avg resistance. Bears should let it breathe in here. This flow should continue into London’s close.

30 Yr. Bonds

Posted on 09/24/2015

A.M. Look 9/24/15

Posted on 09/24/2015

Stocks… Spu’s…we saw a mid week rally to nowhere. Sell rallies. NASD 100… 4238 (unchanged on the year). Closing below would set off another wave of selling before the end of the qtr. DAX…new sell stops are below 9483 which … Continue reading →