Tag Archives: 3M
Daily Market Intelligence 11/22/16
Daily Market Intelligence 11-22-16
A few Tgt’s
MMM…84.19 ( 200 day) 83.50 is monthly support GDX…looking for the stops to get elected under 39.08…then 38.24 CAT…75.80 is Fib support. 72 is the Monthly level. OXY…78.90…74.30 It’s a long day…markets should stay under pressure into London’s close. Time … Continue reading
Match Game…
SPU/BONDS just bounced off the 50 day around 9700.Spu’s hung up around 1370. Don’t press weakness, let the market do the work and remain nimble. 3M, DE, and some of the big cap stocks have all hit some interesting mvg … Continue reading
A Few Possible ORL…Patterns
It’s gonna be an interesting end of day game. OIL (CLH12)…98.43 3M….86.42 DE….86.34 XLI…36 Silver..33.03 Platinum…1601 GS…Hit tgt of 112.50 The stock rotation has been prolific again today…let’s see who wins
Pattern Alert…MMM
86.42 becomes the pivotal level for 3M. A close below would put in an ORL day. Watch late day for general market tone
Position Update
You should be stopped out of JJG & BTU…DE,CVX,BP and 3M are still alive… Do Not Lose Money On Any of These Positions… The trade should be sloppy over the next couple of days, with both Bulls and Bears trying to … Continue reading
A.M. Look 9/28/11
We sold 50% of our long Stocks and ETF’s for a decent profit yesterday. Keep a break-even stop on the remainder of your holdings. Gold..we took a very small look at this instrument via the GLD. Futures traders got your trade location … Continue reading
Pay For Your Stops
Many of the instruments we purchased yesterday are up between 3-4% Pay for your stops..I.E. sell out 20-25% of your long position to trade on the house Money!
A.M. Look 9/27/11
Yesterday had us go to a Risk On footing with a suggested Long portfolio. The low appears to have been put in Interest rates in Europe as well as the U.S. We are treating the Bunds and the U.S. 30 … Continue reading