AAPL…@ 121.88 is trading @ it’s 200 DMA. MSFT…is not breaking. 30 Yr. Bonds…155.15 is the ADC 200 DMA. Further weakness under 155.10 is needed for further Dollar buying. The Bonds will drive the banks and the dollar. MON,MOS & … Continue reading
Stocks… Nasd 100… 4555 is the low risk buy zone. Closing and holding above 4686 is needed for a test of the all time high of 4882. DAX…holding above 10,927 will keep the Dax firm. Spu’s…are now caught between … Continue reading
Stocks… Spu’s… 8/19/15 high we broke from was 2093.25. It was Mid-week high. Note should be taken at yesterday’s index lows ( SPU’s 2073.50 & Nasd 100 4642.75) which would be today’s ORL #’s. These are the panic levels for … Continue reading
Equity Bond spreads are breaking out to the upside. The Bonds are driving the spread. We’re getting the channel breakdown below 156.22 in the 30 Yr. Futures. This is not a small thing. The spread is attempting an ORH month … Continue reading
Stocks… Spu’s…2053 is support. Spu’s need to print 2049-50 for a reversal to appear on the Point & Figure chart. GILD…107.15 is the 200 DMA. You’d need sustained price action below for any real profit taking. UNH…will need over 120 … Continue reading
Stocks… Spu’s…2055 is support and the downside momentum level. As of now you’d need to see sustained price action below 2053 to see profit taking. GOOGL… weakens below 711. AMZN…weakens below 579. Bonds … 30 Yr. Futures…can squeeze up … Continue reading
Stocks… Spu’s…2055 is support and the downside momentum level. As of now you’d need to see sustained price action below 2053 to see profit taking. GOOGL… weakens below 711. AMZN…weakens below 579. Bonds … 30 Yr. Futures…are caught between … Continue reading
Stocks… TWTR..sustaining over 31.50 leaves way for another 5 dollars. DIS…needs under 105.60 to weaken. Bonds … 30 Yr….157.25 is today’s mvg avg support. Bund…156.45 is today’s mvg avg support. FX… GBP/USD…is strong on the crosses. GBP/JPY is … Continue reading
Stocks… Nasd 100…4384 is support and the downside pivot. Bonds … No desire to be short FX… EURO…113.20 is support. Equities down has been positive Euro. Commodities… OIL..47.20 is resistance. General Comments or Valuable Insight Attached is my … Continue reading
Stocks… Nasd 100…4390 is resistance. Spu’s…we’re stuck. We’ll need to see sustained price action and a close over 2012 to grind higher. Bonds … 30 Yr. Bonds…Price action back above 157.07-13 will have the Bonds going back up. FX… … Continue reading