Pro Tips

A.M. Look 3/4/15

Stocks… SPU’s…2093-95 will be pivotal all day. The index can hold here, however sustained price action under will lead to more profit taking. DAX..11,200 is the hold level. Sustained price action below this level will have me looking for a … Continue reading

The Late Show

DIS…is one of the best names to hold. it’s barely budged with today’s early sell off. Still looking for 112 as long as there is no close below 104.40. PANW…held an early sell off as did CYBR & FEYE. Hack … Continue reading

S&P 500 Futures… Trade Alert!

This is an opening position Sell 2 EPH5 @ 2103. Time to get a little bit of a hedge on. Europe is in profit taking mode, which is not something to be ignored. ICPT, OREX & LNG will have a … Continue reading

Midday Missive

DAX…11,362 is today’s ORL #. This is where the rubber will meet the road. More than a peek and a reversal higher at this level will lead all other indices lower. Spu’s…show me something under 2100 before the Bulls start … Continue reading

A.M. Look 3/3/15

Stocks… GOOGL… 554-550 is the low risk buy zone NFLX…shows a potential weekly double bottom @ 470. Below, all the new longs will get run out. PRU & CB… are two financials that put in ORH days yesterday. As long … Continue reading

MMM & INTC…Trade Alerts

These are opening positions with a 10% portfolio weighting. MMM… It’s low volatility, Dollar sensitive, and is putting in an ORH day with a close over 169.75. The risk to own this name is a close under 167.00 BUY MMM … Continue reading

Midday Missive

Spu/Bonds are attempting an ORH pattern. This is good for the Banks. WFC, C & KBE are attempting the same pattern. March 30 yr. Bonds should have trouble getting much below 145.25. The entire world seems to think they’re getting … Continue reading

A.M. Look 3/2/15

Stocks… NXP,FSL & ACT are in the news this A.M. Euro Stoxx 50…would need sustained price action under 3563 for profit taking to ensue. Bonds …   30 Yr. Bonds…(H) needs over 147.27 resistance for higher. FX… DXH5…Dollar Index needs … Continue reading

A.M. Look 2/27/15

Stocks… Long NASD 100 & Spu’s vs Short treasuries have been grinding. Both need to hold on the daily charts to not roll over. The weekly Spu/Bonds show a topping pattern, at least one that needs time to work off … Continue reading

Getting Crispy

Trading 101…use a trailing stop! Wet myself with ZIOP. Probably with the Disney calls as well. ZIOP still has 13 & change written all over it. GOOGL…560 is the 200 DMA. As long as this remains above 552, it’s going … Continue reading