Pro Tips

FB

Midday Missive

I bought some AAPL just after the opening. With everyone so negative and a mid-week low, it was worth a go. I’m using a stop at today’s low. DIS…Cramer said to sell so I bought with a stop @ today’s … Continue reading

A.M. Look 8/5/15

Stocks… Spu’s…2080 will act as support and the downside pivot. Nasd 100…4540 is support. below look for a retest of 4508. PANW…184 is weekly momentum and the closing downside pivot. GOOGL…620 is support and the closing downside pivot. Bonds … … Continue reading

A.M. Look 8/4/15

Stocks… Equity Indices…the volatility chart gave a sell signal yesterday.Investors should be in no hurry to purchase equities until such time as I get a bottoming indication and a confirmed buy signal again. FB…has to hold 92.20 on a closing … Continue reading

The Late Show..Writing Schedule

XLV & UNH are the only 2 things I want to own on the board. IYZ…the telecom I shares ETF is putting in as bottoming pattern, working on an ORH week. Closes over 30 is needed to confirm the pattern. … Continue reading

Full Mooon Trading…QQQ Trade Alert!

There is a big bottoming pattern now forming off the 7:30 ECI #’s. Sunday into Monday should prove interesting for pattern follow through. This is a massive capitulation of Long Dollar positions. The potential lows in the Aussie & Kiwi. … Continue reading

A.M. look 7/31/15

Stocks… Bonds … Bund…153.50 is support. 153.34 is today’s ORL #. FX… Euro…109.90-110.00 is resistance.   EUR/JPY…could get pushed toward 137.00 going into the end of trading today.   The feature is month end markings …Long Euro/Short commodity currencies Commodities… … Continue reading

A.M. Look 7/30/15

Stocks… Nasd 100…4591 is resistance. Spu’s…2095 is the 50 DMA. This is now support. The long term P&F shows resistance back @ 2119-20, however you need to see all new strength over 2104 to get going. DIG…the energy ETF’s trade … Continue reading

Post Mortem

I pitched my calls in the TBT. They were either going to be golden today or not. Not!! Oil…is now caught between 48.50 & 49.50. Two of my favorite names today are CL & Nike. Nike is attempting an ORH … Continue reading

The Late Show

That should be about it for the Oil today. If we see a marginally higher high later in the session it should be viewed with skepticism for it can be a bull trap. Financials have been ripping all A.M. following … Continue reading