Stocks.. IBB…sustaining under 220.60 can lead to a test of the gap up from 214.30.217.40 should elicit a bounce. My buy zone is 214-211 with a tight stop. SPU/BOND…is still maintaining above the 18 day mvg avg @ 13528. Only … Continue reading
I feel the need to nibble. TBT is trading @ 77.42. BUY TBT @ the market. The stop is 76.80 intra day. This is a 5% position
Stocks.. AAPL…that’s a 6.8% rip in a week. If you bought the DEC 27 540 calls @ $5.60, as many of you said you did, you’ve now more than quadrupled you’re money with a $23.70 close. Money management time Sell … Continue reading
Ok..Ok..I was a Dick for a few Ticks!!! Hate it when I do that. Aggravating!! We just achieved the one full point I was looking for off the level. This is an area to lock in profits. You need sustained … Continue reading
Thanksgiving Thursday into Friday can provide for some nasty low volume reversals, however as stated yesterday, I think these will be muted this year due to the late holiday into month end. Markets typically go in the direction they are … Continue reading
Holiday schedule… We’re in office today through tomorrow in the A.M. 11/27/13 The next research will be sent Monday 12/2/13 Stocks.. COF…Capital One is just breaking out to the upside. Maintaining above 70 keeps this firm. NTRS…Northern Trust is a … Continue reading
GOOG…remains positive over 1025 with an eventual run just shy of 1100. XOM…95.49 is the qtrly ORH #. This level will run the next swings. Above, we’re looking for this to move to 100. LNG…has been a market stalwart for … Continue reading
Stocks.. Spu’s…the break and hold has the potential to take us to the original tgt of 1820 SSO…94.90 is support. We’re still looking for a tgt of 102 Nasd 100…closing above 3416 projects another 100 points higher. TBT…77.80 is first … Continue reading
Stocks.. Spu’s…need to sustain over 1788 to get the bears to stop selling rallies Both the Nasd & Spu’s are still holding. Nikkei…is the Bourse that everyone has in their sights. Bonds 30 yr. Bonds…sell 1 point rallies FX… … Continue reading