Stocks… Equity Indices…the levels were laid out yesterday in the qtrly update. Nasd 100…should be overextended into 4450-60 AAPL…needs back over 106.10 close for any price recovery. Bonds… 30 Yr. …bonds can lose steam anywhere into 155.00+- a couple of … Continue reading
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
Stocks… All the indices went green last night. Spu’s…(H) resistance starts at 2038 ( the major mvg averages) on up. COP,XOM & XLE…all show buy signals. BUD…shows a buy signal. Mvg avg support is 120.55-119.93 (your downside risk to own). … Continue reading
The Indices have absorbed a lot of selling this A.M. It will be up to the U.S. to put on a late day rally to save some of the patterns. You’d need to see the selling abate in the next … Continue reading
https://www.youtube.com/watch?v=Bn2IQ1Xb154
GOOGL…758 is daily trend support. GOOGL only weakens further with a close below 755. AAPL…needs under 117.00 to weaken further. GOOGL
Stocks… Spy & QQQ gave sell signals yesterday. GOOGL & AAPL are stalling out with sell signals. DIS…gave a sell signal yesterday. I should’ve listened to my 12 yr. old review of the last Hunger games installment. She was distressed … Continue reading
Stocks… ASX 200…the Aussie stock market is firm above 5264. EWA…sets up a little different than the futures. A close over 19.40 is needed to confirm higher AAPL…closing over 120.25 will start another leg higher. INTC…closing over 34.75 will lead … Continue reading
Dollar is bid against the Commodity Currencies and the Suisse. Of course I sold the Euro which is the wrong one to be short on all the crosses today. This should continue right into London’s close. Gold…rallies keep failing for … Continue reading
Stocks… Spu’s…short term sell stops are below 2064 support which if elected would open the way for a retest of the 200 DMA and unchanged on the Year in the Mid 50’s. Nasd 100…4659-65 is now resistance, yesterday’s ORL level. … Continue reading