Pro Tips

A.M. Look 10/26/15

Posted on 10/26/2015

Stocks… Spu’s…2055 is support and the downside momentum level. As of now you’d need to see sustained price action below 2053 to see profit taking. GOOGL… weakens below 711. AMZN…weakens below 579.   Bonds … 30 Yr. Futures…are caught between … Continue reading →

A.M. Look 10/23/15

Posted on 10/23/2015

China cut rates by a quarter of a point last night. Along with the tech companies all up app 10% on earnings. You could see a little profit taking after the U.S. opens in specific names but I doubt it … Continue reading →

A.M. Look 10/22/15

Posted on 10/21/2015

Stocks… Bonds … No desire to be short!   FX… Commodities… OIL.. 46.30-40 is near term resistance. Closing under 44.97 ( the 50 DMA) will bring out the bears. Gold…I got stopped out at break-even. I remain bearish the metal … Continue reading →

A.M. Look 10/20/15

Posted on 10/20/2015

Stocks… AAPL…needs sustained price action and a close over 112.50 for an upside breakout. GILD…sustained price action and a close over 104.00 is needed for more upside. TWTR… remains positive as long as there is no close below 29.80 XLV…70.30 … Continue reading →

A.M. Look 10/19/15

Posted on 10/19/2015

Stocks… TWTR..sustaining over 31.50 leaves way for another 5 dollars. DIS…needs under 105.60 to weaken. Bonds … 30 Yr….157.25 is today’s mvg avg support.   Bund…156.45 is today’s mvg avg support.   FX… GBP/USD…is strong on the crosses. GBP/JPY is … Continue reading →

Indicators..QQQ Calls

Posted on 10/16/2015

Let me add a little clarity to my message this A.M. When I get the red dots on the charts it is a “warning sign” that you should not be buying strength.What matters is when I get a red arrow … Continue reading →

A.M. Look 10/16/15

Posted on 10/16/2015

Stocks… Nasd 100…4384 is support and the downside pivot. Bonds … No desire to be short   FX… EURO…113.20 is support. Equities down has been positive Euro.   Commodities… OIL..47.20 is resistance. General Comments or Valuable Insight Attached is my … Continue reading →

Midday Missive

Posted on 10/14/2015

GOOGL…pattern sell stops are @ 673. PCLN…was weak out of the gate and is now trading unchanged on the week. The daily pattern looks very toppy. This could slide to 1288. Spu’s…1979 is the 50 DMA and the first good … Continue reading →

A.M. Look 10/14/15

Posted on 10/14/2015

Stocks… Nasd 100…4390 is closing resistance. Spu’s… We’ll need to see sustained price action and a close over 2012 to grind higher. Daily resistance will come in around 2002-3. Selling weakness starting @ 1188 down to 1978 will be problematic. … Continue reading →

A.M. Look 10/13/15

Posted on 10/13/2015

Stocks… Nasd 100…4390 is resistance. Spu’s…we’re stuck. We’ll need to see sustained price action and a close over 2012 to grind higher. Bonds … FX…   AUD/USD…point & figure shows a good close over 74 cents is needed for higher. … Continue reading →