Stocks… Spu’s… 2097.75 was last Wednesday’s high and this weeks ORH #, near term support is 2072. DAX..is breaking above it’s 200 DMA. 11,050 is near term support. GOOGL…766.35 is the only # that can reject. This has the potential … Continue reading
Stocks… Spu’s… 2040 is today’s support and downside pivot. 2061 is resistance. A close over 2067 is needed for higher. NFLX…has rallied 18% from Monday’s low. 118.80 is extremely overbought. It’s also a retest of the weekly breakdown # from … Continue reading
Stocks… Spu’s…spiked it’s 50 DMA @ 2002 and reversed. 2047 is resistance. Nasd 100…4523 is first resistance, followed by 4563 (Friday’s breakdown level) Nikkei…19,395 is the 200 DMA. This is the only Index holding it’s averages with a big early … Continue reading
Stocks… Spu’s…support starts @ 2020. Nasd 100…near term sell stops are @ 4562 looking for a test of 4530. Nikkei…19,395 is the 200 DMA. This is the only Index holding it’s averages. NFLX & GE…both put in ORL days. FIT…is … Continue reading
Stocks… Spu’s…sustained price action under 2081 is still needed to budge the Bulls. Nasd 100…4659-65 is short term support and the downside pivot. DXJ…55.12 is the closing hurdle for upside follow through. WTW…the fat lady is singing. A pull back … Continue reading
Stocks… GOOGL…would take under yesterday’s low of 757.47 to see profit taking. AMZN…643.05 is the corresponding #. SHCOMP…had another strong night ending the week on it’s high. The Comp is moving toward a retest of it’s 200 DMA 3761. Bonds … Continue reading
Stocks… Buy any pullback today in the Indices. Use 2091.50 as your Stop for any new longs in the Spu’s. DAX…after putting in a negative pattern yesterday DAX tried lower last night and is reversing that pattern. 11,074 is the … Continue reading
Stocks… It’s all about where the breaks hold. Spu’s…2081 is the low risk buy #. Nasd 100…4690 is today’s short term barometer. Good above/Weak below. 4677 is today’s ORL # Bonds … 30 Yr. Bonds…153.22 is weekly mvg … Continue reading
Tomorrow morning is the ADP # before New York trade starts @ 7:15 CDT. We’re in a full on feeding frenzy led early by the Oil patch. Today’s last 45 minutes to an hour could see some position squaring while … Continue reading
Buy the breakouts!! IWM…above 118 I bought the 118 Nov 6 calls. The daily is up and going, the weekly still needs a close over 118.60 NFLX…is not backing off nor is AAPL over it’s 200 DMA. FLR…weekly resistance and … Continue reading