A.M. Look 6/16/15

Stocks...
Nasd 100… 4400 +- a couple is support ( last weeks low).
Bonds
30 Yr. Bond…(M) June needs to press and sustain above 153.05 resistance for higher.
App. 151.24 in Sept. depending upon which chart you follow.

Bund…152.21, last night’s high is mvg avg. resistance. Only closing over this level will lead to higher prices.

FX…
Commodities…

Brent...63.60 will be pivotal all day.

General Comments or Valuable Insight

The board is fairly straightforward at the current level. Spu’s & Nasd are attempting the lows of the past week once again on Greek uncertainty. They either hold or they don’t.

 

Small cap growth is holding up quite well against the multinationals.

The Bonds have tried up again. They either extend or they don’t.
Equity traders should maintain focus on names within healthcare & cybersecurity that are immune to the European Greek drama.


Yra is always a must read. If you haven’t signed up for his free Blog you should!
http://yragharris.com/2015/06/15/saga/

150616_055539_CQG_Integrated_Client_Chart_S_IJT_-_iShares_S&P_Small-Cap_600_Growth_ETF_Daily

This entry was posted in Archive and tagged , , , , , , , , , . Bookmark the permalink.