Pro Tips

QID….Trade Alert!

BUY QID (Double short Nasd) @ 60.20 Stop On Close!

NFLX & GOOGL

NFLX… is attempting an ORH day to the upside with a close over 328. This is a buy before you sell against 320 for a possible low. GOOGL…this is a buy before you sell with a tight stop against 518. … Continue reading

Midday Missive

Pretty much everything just held. Financials have a bid. Momentum names are good for bottom fishing and short term trading. Stick to the Dow names like JNJ,3M,IYT, Cat & IBB for lower volatility investing. GOOGL…this is a buy before you … Continue reading

A.M. Look 5/8/14

Stocks.. TSLA…176-171 is where to look for a bounce. This is a low risk level to buy before you sell. Visa & IYT…both put in ORH days. An early holed will see more buying. Bonds 30 Yr. Bonds…135.04-134.29 is the … Continue reading

Midday Missive

The market is still a correction in the Nasd. Investors are rotating ( trying to hide in XLU & Insurers this A.M.) This is simply rotation into what seems to be lower risk dividend instruments. This game too will end. … Continue reading

A.M. look 5/7/14

Stocks… TWTR…I have 2 downside targets, 31 and 15. 31 +- a touch needs to hold today going into early tomorrow for a short term hold. A 10% bounce is as much as I’d initially look for off the 31 … Continue reading

OIL….Swedish Krona

As seen on the attached charts, both these instruments are trading @ their 200 DMA’s. Both these levels are exit zones for existing Longs. This also represents a low risk shorting opportunity with a very tight stop.

Midday Missive

EWA,EWW,EPI are attempting upside break outs. FDX,BRKA, DOW & MLM are three names that look particularly good. BLK…looks to have put in a trad able low yesterday @ 295. BHP…today’s low is the risk for any new longs. A close … Continue reading

A.M. Look 5/6/14

Stocks… Spu’s…1894 is resistance. QQQ…the upside breakout is a close over 88.30. Yesterday’s low is your risk to be long (86.50 Close). PCLN…maintaining and closing over 1196 should see this rally to 1248. UNH…United health care is another beaten up … Continue reading

Midday Missive

Oil…sustained price action and a close under 99.21 will lead to a first test of 98.25. Brent…could get as low as 106.40 before bouncing. This is an exirt zone for directional players the first time down. Buy before you sell … Continue reading