Monthly Archives: October 2015

KBE…S&P Bank ETF

Posted on 10/07/2015

A.M. Look 10/7/15

Posted on 10/07/2015

Stocks… Spu’s…1990 is the 50 DMA. The talking heads will all be focused on it today.  Low 1970’s will be initial support. A close lower on the day today would be needed to turn the herd.   Bonds … 30 … Continue reading →

Midday Missive

Posted on 10/06/2015

DD…the bulk of this rally looks over to me. Any longs should lock in their money. Silver…is trading right @ it’s 200 DMA. Price action above 16.12 will lead to another push higher. How much downside we get from here … Continue reading →

A.M. Look 10/6/15

Posted on 10/06/2015

Stocks… Spu’s…1965 is near point & figure support. 1978 fills out the reversal for initial resistance. X…this names has lost 50% of it’s value since mid August. The path of least resistance looks to be up. The risk to own … Continue reading →

Midday Missive

Posted on 10/05/2015

Options have gone form incredible cheap to downright unreasonable. I.E. Friday you could buy calls for 1-1.50 bucks in some of the big cap leaders. Today if you’s like to purchase the the same measured upside you’d be paying 8 … Continue reading →

A.M. Look 10/5/15

Posted on 10/05/2015

Stocks… Spu’s…we’re getting pattern follow through from last Friday’s ORH’s. Nasd 100…mvg avg resistance starts today @ 4355. COP…52.50-80 is first resistance. Above, look for a move to 55+. DIG…35.36 is weekly momentum. Bonds … 30 yr. Bonds…157.29 is today’s … Continue reading →

A.M. Look 10/2/15

Posted on 10/02/2015

Stocks… Spu’s…by holding a break to 1900 there is room for a move to 1936 +- a few. This is today’s first exit zone for longs. Closing above leaves room for another 40 points. Nasd 100…resistance is 4259 matching last … Continue reading →