Pro Tips

A.M. Look 2/4/16

Stocks… AMZN…closed below it’s 200 DMA for the first time since Dec 2014. GOOGL…a good close below 735 is needed for another big sell off XLI…as long as this sector holds a sell off into the low 49’s and does … Continue reading

Energy…XLI

XLE…is putting in an ORH day ​OIL…​is putting in an ORH day ​These are price positive formations XLI…Industrial s is doing the same​

Midday Missive

This day is not remotely over. The Spu’s will need help form the Oil which needs to get over 32 and stay over 32 for the Spu’s to stay in rally mode this afternoon. The Dollar has come too far … Continue reading

A.M. Look 2/3/16

Stocks… Spu’s…1909.50-1913.50 remains a pivotal level. Bonds.. 30 yr….The low risk daily buy level is 161.02. FX… GBP/USD…145.40 is the plaza accord Fib that has been pivotal for years, above look for 146.50-60. Yen Futures…84.20 is fib resistance. CAD/JPY…held daily … Continue reading

The Late Show

AMZN…below here I’m looking for 490. Support on the semi-annual maps start start! @ 434. GOOGL…closing below 778 will have seen a blow off earnings high. FB…a close below 112 today puts in a trad able high. Gold…didn’t break anywhere … Continue reading

A.M. Look 2/2/16

Stocks… Spu’s…1909.50-1913.50 remains a pivotal level. Bouncing on hard breaks into the level. It will take closing below this level for further downside. Googl….hit it’s first fib extension after the close and has since backed off below the old all … Continue reading

Midday Missive

The weekly retest low @ 1913.50 in the Spu’s looks good as long as it now remains above 1918. XLU & dividend yielding water ETF’s (WTR & AWK) have been leading all year FB… put in an ORH month and … Continue reading

A.M. Look 2/1/16

GOOGL,AFL ,MAT are three of the more interesting names for earnings today. It would take a rare GOOGL miss for a puke after the close in the Indices. The U.S. Indices have done little more than given back the last … Continue reading

30 yr. Bonds

A.M. Look 1/29/15

Stocks… Spu’s…it’s all about the close today and price action Sunday night into Monday. We keep rallying to unchanged on the week and failing. The Dow and Spu’s both need to hold the breaks today and start higher into Feb. … Continue reading