Pro Tips

A.M. Look 9/11/15

Posted on 09/11/2015

Stocks… Spu’s…1919-22 is support and the closing downside pivot. 1968 will delineate the upper band today. Nasd 100..a close under 4240 is needed for further downside. A close over 4315 is needed to think the downdrafts are at an end. … Continue reading →

Midday Missive

Posted on 09/10/2015

Nothing would surprise me the rest of the day in the Indices. ​QQQ…need a close under​ 103.40 to extend lower. AUD/USD…is attempting a bottoming pattern if it can close over the IMM opening range @ 70.70. It will be pivotal … Continue reading →

A.M. Look 9/10/15

Posted on 09/10/2015

Stocks… Spu’s…1919-22 is support and the closing downside pivot. 1968 will delineate the upper band today. Nasd 100..a close under 4240 is needed for further downside. Nikkei…futures expire. December is front month. Bonds … FX… Euro…needs a close over 112.30 … Continue reading →

Midday Missive

Posted on 09/09/2015

Tom Demark was on Bloomberg and announced a sell signal for the markets. It’s a great technical area to buy some portfolio insurance again. Of course there are always a few names bucking the trend however we’re at another mid … Continue reading →

A.M. Look 9/9/15

Posted on 09/09/2015

Stocks… Spu’s…1992 was the Aug high we imploded from. It’s also mvg avg resistance that needs to be closed over for more strength. Nasd 100..4368.25 is that same #, however the mvg avg resistance was 4328. DAX…traded right into resistance. … Continue reading →

A.M. Look 9/8/15

Posted on 09/08/2015

Stocks… AAPL…needs a close over 112.50 resistance for upside momentum IBB…needs a close over 352 to break out of it’s recent range. Spu’s…resistance is 1969 with small stops over 1973.50 leading to a possible bull trap @ 1979 the first … Continue reading →

A.M. Look 9/4/15

Posted on 09/04/2015

Stocks… AAPL…needs a close over 112.50 for upside. GOOGL…626 close is today’s hold #. IBB…336 will be pivotal all day. Spu’s…Point & Figure stops will be under 1916. 1957 is resistance. As of this writing you’d need to see sustained … Continue reading →

A.M. Look 9/3/15

Posted on 09/03/2015

After today’s action I’ve now gotten buy signals in the SPC cash Nasd 100 Futures, Russell,Nikkei,FTSE & DAX. Nothing doing yet in the ASX or the Midcap 400. These signals simply tell us it’s time to buy the hard breaks … Continue reading →

Midday Missive

Posted on 09/02/2015

Oil…we got the $2 rally and the fade by the producers. They’ve hit the downside objective. SCO…@ 96.20 hit upside resistance and a potential rejection #. Hopefully we’ll get one more screwing of the shorts that will allow us to … Continue reading →

A.M. Look 9/2/15

Posted on 09/02/2015

Stocks… Spu’s…It would take over 1939-41 for any meaningful short covering. Nasd 100…4268 and 4379 are the resistance levels. Bonds … Bund…(SEPT) 154.30 is today’s resistance. This needs sustained price recovery back over 153.35 to rally anywhere. FX… USD/JPY…119.00-40 is … Continue reading →