We urge every investor to review the names they are interested in before the game starts in the A.M.
Spu’s…1428-34 is the near term support area.
Closes over 1446 put this on a positive footing with closes over 1462 confirming more upside to the low 1500’s..
Oil… 91.45-50 ORH level needs to hold on any breaks for the pattern to remain intact.
Euro…shows a double top on the P&F charts @ 133.00-10
30 Yr….146.30 is the ORL weekly #. This will be a pivotal level all week.
General Comments…
Monday saw ORH patterns across many instruments and most sectors.
Basically a complete Risk On “Lemming Effect” Romp.
Pretty much everyone is all in “Long” not wanting to have to pay up with the normal buying expected on the first trading day of a new year.
Copper, Crude,Midcap 400,SSO,QQQ,XLK,XLF,XLE,DIG,
A few Individual Names…There are just too many to list.
WTR,AGU,MOS,MON,POT,DE,
NEM,MELI,PAAS,AEM,HL
3M,DIS,X,
BX,JPM,C,GS,COF,
GOOG,PCLN,AMZN,AMAT
ECA,PBR,COP,SLB,OXY,CVX,XOM,
Model Trading Portfolio……………..
Stop Close Profit Points
Long Feb AAPL 550/575 call spread
A pragmatic trader always knows where the market is in relationship to where it’s been, otherwise you’re a robot trading blind.
Medium Term View… updated qtrly
These are static levels that do not change. They will be reserved for our paying clientele.