Pro Tips

OIL

Pay attention to the opening range today. Sustained Price action under 57 should lead to a sell off to 55.25

A.M. Look 5/28/15

Stocks… DAX…11,860 is resistance and the upside pivot. SHCOMP…put in an ORL last night down 6.5%. This is a big topping pattern right into 4617 first support. Bonds … 10 Yr. Bonds…127.10 is the 200 DMA. This is support and … Continue reading

MCHI…Trade Alert!

BUY MCHI @ the Market ! This is an opening position with a 10% portfolio weighting. You can choose this ETF or the FXI. I’m reticent of buying strength in the SHCOMP, which has been leading all Indices.

A.M. Look 5/27/15

Stocks… Equity Indices did not get quite low enough yesterday. TSLA…247.45 is support and the downside momentum #. Closer to 230 would be a better place to initiate a new long. ACT…show me something under 297, the 50 DMA, to … Continue reading

Commodities

These are static #’s that do not change..  This is the road map for the downside in oil   Published 5/20/15 Commodities… NATGAS…put in a topping and upside exhaustion pattern yesterday. We’ll need a day or two for confirmation that … Continue reading

Midday Missive

UVXY…resting buy stops are over 42.20. a running of these stops would lead the VIX to test 15.16 it’s 200 DMA. MVV…Midcap is coming into support, which runs into 80.45. Russell & Spu’s are more vulnerable. Spu’s… should bounce off … Continue reading

A.M. Look 5/26/15

Stocks… Equity Indices are tired and in need of a break. Individual names will continue to out preform. Spu’s…resting near term sell stops remain below 2112. GS…215 is where the qtrly congestion lies. This is a name for your buy … Continue reading

Hack…ACT… AAPL…Trade Alert!

BUY HACK AAPL & ACT This will be a 10% Portfolio weighting per instrument.

A.M. Look 5/22/15

Stocks… IYT…this needs a couple of closes below 151.80 to break down. The Long term # is 150.90 the June 2014 close. SHCOMP…with just one week week of correction since the beginning of March, this is still vertical with higher … Continue reading

A.M. Look 5/21/15

Stocks… Spu’s…very short term…2122 resistance/2112 sell stops. Bonds … 30 yr..follow the Bonds for they will lead the currencies and metals. 151.28 is the closing downside pivot for more weakness.   TBT…remains firm over 48.70, the 200 DMA. Sustaining over … Continue reading