Pro Tips

A.M. Look 2/12/16

Posted on 02/12/2016

Stocks… Spu’s….watch the Oil as more short covering and bottom fishing in the Energies will be the fuel for a short covering rally. Nasd 100…4018 was last Friday’s close and will be pivotal all day.   Bonds.. 30 YR. …166.27 … Continue reading →

Midday Missive

Posted on 02/10/2016

Spu’s would need to sustain over 1866 to try up again. The only question that remains is how many round trips the bots want to take today. There was a lot of bottom fishing today. Both the Midcap and the … Continue reading →

A.M. Look 2/10/16

Posted on 02/10/2016

Stocks… Spu’s….watch for price rejection closer to 1880. Deutche Bank…is presently trading @ 16.85. This needs to maintain above 16.10 for further short covering. Bonds.. 30 YR. …short term sell stops are @ 165.08. Daily trend is 163.19. TLT…129.00-128.76 is … Continue reading →

A.M. Look 2/9/16

Posted on 02/09/2016

Stocks… Spu’s…1854 is resistance, half way back on the week. You would not want to see price action much above that. GOOGL…the short covering started here late day yesterday. You’d need closes over 713 for the short covering rallies to … Continue reading →

Midday Missive

Posted on 02/08/2016

30 Yr. .…the qtrly macro buy stops are 166.27 . GDXJ… the qtrly buy stops are 23.58 . Gold….see where the breaks hold. We’ve come a long way.   ​This flow should remain through London’s close.​

A.M. look 2/8/16

Posted on 02/08/2016

Stocks… Nasd 100…3908 is the next set of macro sell stops (last years low) Initial resistance is around 4000. 3855 is the first tgt on the way to 3600. GDXJ…Gold rallied the 16 dollars after the pit close into NYSE … Continue reading →

Nasd 100

Posted on 02/05/2016

4102 The “weekly ORL#” will be the 50 yard line for the rest of the day. A slight chance of recovery above. No chance failing any rally up to it!!!!! Sustained rice action under 4102 should lead to a test … Continue reading →

Midday Missive

Posted on 02/05/2016

GOOGL…713 is the end of day closing level to avoid an even more negative pattern. Daily momentum breakdown is 701 leaving way for another 40 dollars.​ ​LNKD…109.80 is the hold level form 2013 and low risk buy zone.​ The late … Continue reading →

A.M. Look 2/5/16

Posted on 02/05/2016

Stocks…Spu’s…need to hold 1894 to have a bid tone Last months unemployment high was 1965.Any prints up here is a sell before you buy.   Nasd 100…needs over 4200 resistance and hold above 4200 to mount a rally.   DAX…9678 … Continue reading →

Euro…Upside

Posted on 02/04/2016

Rejected @ 112.40 It’s a big level. after just rejecting it’s opening range again @ 112.27 in the Futures..That should be it! Price action over that level would have me looking for112.96 cash ( Just a smidgen over 113.00 futures)