Pro Tips

30 Yr. Bonds

Posted on 09/24/2015

A.M. Look 9/24/15

Posted on 09/24/2015

Stocks… Spu’s…we saw a mid week rally to nowhere. Sell rallies. NASD 100… 4238 (unchanged on the year). Closing below would set off another wave of selling before the end of the qtr. DAX…new sell stops are below 9483 which … Continue reading →

A.M. Look 9/22/15

Posted on 09/22/2015

Stocks… DAX…auto makers are causing a route in Germany causing spill on effect across the U.S. equity indices. I’m looking for a retest of the last low of 9300. NASD 100…4240 is today’s Fib support matching 4238 (unchanged on the … Continue reading →

The Late Show

Posted on 09/21/2015

It’s the battle of the sectors between profit taking in healthcare and buying in the oil patch. There is no up in Nasdaq without healthcare. With IBB running out all the longs under it’s 200DMA @ 347, I only have … Continue reading →

A.M. Look 9/21/15

Posted on 09/21/2015

Stocks… Nasd 100 (Z)…4371 is the 200 DMA. Nasdaq needs to close over this # to gain upside traction. As long as 4300 holds I’ll be looking for specific names to buy. Spu’s….(Z) 1951 +- a dollar is unchanged for … Continue reading →

A.M. Look 9/18/15

Posted on 09/18/2015

Stocks… Nasd 100 (Z)…could not sustain above it’s 200 DMA. Spu’s….(Z) needs a close above 1990 for any upside. A close below 1950 accelerates the down. DAX…needs a close over 10250 for any upside. Sell rallies. Bonds … Bunds…155.50 is … Continue reading →

Midday Missive

Posted on 09/16/2015

Booze was traded for energy going into the Oil storage #’s. Industrials, Banks & Auto makers are being picked up. Pretty much any instrument deemed cheap. UNH & HD have more upside. Longs should not give back more than today’s … Continue reading →

A.M. Look 9/16/17

Posted on 09/16/2015

Stocks… Nasd 100…4387-93 is the 200 DMA depending upon which continuation chart you wish to use. December Futures trade @ about a 10 point discount to September or cash. BUD…119.70 is the 200 DMA. I just sold my longs in … Continue reading →

Midday Missive

Posted on 09/15/2015

BBY…38.88 is the qtrly ORH#. This will act as resistance the first time up. GOOGL…657 is the high qtrly close. All long exposure should be managed against this level on a short term basis. Above/ will keep the board Risk … Continue reading →

A.M. Look 9/15/15

Posted on 09/15/2015

Stocks… Spu’s…(Z) 1919-22 is support and the closing downside pivot. Short term Spu’s weaken under 1944.  1964 will delineate the upper band today. Do not fade price action above. Nikkei…weakens under 17945 NBIX…seems to have run it’s course on this … Continue reading →