Pro Tips

A.M. Look 7/15/15

Stocks… Nasd 100…4538 is closing resistance. 4465 is support and the low risk buy level. Spu’s…2095 is today’s 50 DMA. You’d like to see an early sell off hold this level. otherwise 2081 is the next low risk buy. 2120 … Continue reading

Wells Fargo

Risk On

A.M. Look 7/14/15

Stocks… Spu’s…2095 is the first objective. ISRG…put in an ORH day. 498 is support. 503 is 200 DMA resistance and the weekly upside momentum #. Bonds … 30 Yr. Bonds…150.06 is 200 DMA resistance. FX… GBP/JPY…it will take a couple … Continue reading

A.M. Look 7/13/15

Stocks… Spu’s…2052 is the 200 DMA last night’s opening low. 2078 will be pivotal all day. By maintaining above look for a test of 2095. Nasd 100…4450 +- a few is first resistance. New momentum will need a close over … Continue reading

FAT & HAPPY!!!

I’m out the door shortly for a business trip. Provided the flight goes, I will not be writing tomorrow. I’m trading to make money so I’m checking out of my trades before I go. Long term traders that bought should … Continue reading

A.M. Look 7/9/15

Stocks… Spu’s…2061.50 are where the near buy stops are. I’ve orders to take some money off the table @ 2064, just shy of today’s 2067 momentum #. Nasd 100…4408-25 is the first resistance zone. DAX…11,250 is resistance. 10,628 is 200 … Continue reading

Equity Indices

Midday Missive

Spu’s 2048 is now ground zero for Equity Indices to hold. price action below will not be pretty, however as long as we remain over the 200 DMA the Equity indices can rebound later in the day. It either holds … Continue reading

A.M. Look 7/8/15

Stocks… Spu’s…I’d rather buy them before I sell them. Nasd 100…4293 is the 200 DMA. DAX…11,250 is resistance. 10,628 is 200 DMA support. Bonds … 30 Yr. Bond…154.25 is resistance. FX… GBP/USD…154.50.00 is the 200 DMA resistance. The weekly chart … Continue reading