Pro Tips

A.M. Look 7/22/15

Posted on 07/22/2015

Stocks… Spu’s… 2095 + a few is cloud & mvg avg support. A close under this level is needed for more downside. Nasd 100…4550-60 is the low risk buy zone. SHCOMP…is holding putting in a sideways to higher pattern. Bonds … Continue reading →

The Late Show

Posted on 07/21/2015

30 Yr.Bonds & TLT are attempting an ORH days. I still have a few 98 FB calls which expire Friday as well as a few MSFT 48 calls. I am Long TLT against my long calls. Midcap looks horrific working … Continue reading →

Midday Missive

Posted on 07/21/2015

The profit taking in the Dollar should continue into London’s close, along with the bottom fishing in the Energy & mining sectors. While I’m not willing to say that’s the low in the sectors, healthcare has seen the biggest profit … Continue reading →

A.M. Look 7/21/15

Posted on 07/21/2015

Stocks… Spu’s… 2120-25 is closing resistance. Nasd 100…the measured full swing count for this move off the low comes in @ 4720. DAX…11,630 is cloud support. With the European bond rally this A.M. this is a low risk level to … Continue reading →

Midday Missive

Posted on 07/20/2015

DIG, XLE & CVX look good in the Oil patch. Buy any weakness the rest of the day. UNH & GILD are always favorites in healthcare. Both have positive formations I bought some QCOM with a tight stop using a … Continue reading →

A.M. Look 7/20/15

Posted on 07/20/2015

Stocks… Spu’s… 2020-23 is closing resistance. Nasd 100…the measured full swing count for this move off the low comes in @ 4720. DAX…11,630 is cloud support. With the European bond rally this A.M. this is a low risk level to … Continue reading →

Midday Missive

Posted on 07/17/2015

We’re starting to see some profit taking in the Spu’s & Midcap. GOOGL…694 was the first fib extension PCLN..1224-27 is closing resistance. FB…just shy of 95 is as good a place as any to take a breather. ​VIX… is retesting … Continue reading →

A.M. Look 7/17/15

Posted on 07/17/2015

Stocks… Spu’s… 2020-23 is closing resistance. Bonds … 30 Yr. Bonds…152.00 is cloud resistance. 151.20 is the 50 DMA. with a neutral RSI you just have to wait and see if the treasuries can push higher. TLT…118.70 is mvg avg … Continue reading →

The Late Show

Posted on 07/16/2015

DD.. Dupont looks reasonable. As long as this remains above 59 it has upside momentum. This is just starting to garner interest. Dax & Nasd 100 are showing potential ORH months. 1654 & 4555 are the levels to hold above … Continue reading →

A.M. Look 7/16/15

Posted on 07/16/2015

Stocks… Nasd 100…is making new yearly highs. Caution should be exercised chasing strength the first time up. We’ve come a long way in a few days. Spu’s…2095 is today’s 50 DMA. 2120-23 is closing resistance. NFLX…is the big after hours … Continue reading →