Monthly Archives: December 2015

A.M. Look 12/31/15

There is nothing left to say and even less to do. The End is near. The only thing that matters are the closes and what’s on tap for this evening. With Europe closed the only market activity worth mentioning is … Continue reading

Rates & Metals

Just a couple of things to ponder over some holiday cheer. The Five year Bonds have been the weakest part of the curve. The 10’s & 30’s do not show this level of weakness. Both still have long term pattern … Continue reading

A.M. Look 12/30/15

Stocks… Spu’s…2054-62 is the level Bulls will look for breaks to hold over the next two days. We’ve seen two equidistant moves over the last 5 trading days. It’s now about where the Dow & S&P close on the year … Continue reading

The Late Show

Unless you own something i would not be looking to sell anything. Copper…is attempting an ORH week. As Long as (H) remains  above 2.1250 the pattern is friendly. For all you energy Bulls, here is the canary in the coal … Continue reading

A.M. Look 12/29/15

Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading

A.M. Look 12/28/15

Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading

A.M. Look 12/22/15

Stocks… Spu’s…2031-34 is resistance. A close under 1984 is needed for lower. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed for higher   Bonds… 30 Yr. Bonds…156.00-02 is support and the downside pivot. 157.24 starts … Continue reading

A.M. Look 12/21/15

Stocks… Spu’s…2031-34 is resistance. A close under 1984 is needed for lower. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed for higher   Bonds… 30 Yr. Bonds…156.00-.02 is support and the downside pivot. 157.24 starts … Continue reading

A.M. Look 12/18/15

Stocks… Spu’s…2031-34 is resistance. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed to stop the slide.   Bonds… TLT…122.61 is the 200 DMA. 124.10-28 is resistance. FX… EURO…a close today below 107.96 opens the way … Continue reading

Natgas

This is the most oversold instrument I’ve seen in years with rsi’s in the single digits all the way out to the annual maps. January Natgas expires December 29th. Just worth keeping on your radar going into year end for … Continue reading