Tag Archives: AAPL
Stocks… S&P 500
That was a nice rally to nowhere in the SPU..We’re caught between 1237-48 for the moment. Investors who bought OXY and AAPL should use a break-even stop SPU starts heading south, we’ll see the 1188 area.
A.M. Look 8/4/11
I wrote the Bulk last night…. Obviously ETF Traders were hamstrung until this a.m. S&P 500…Today we’ll look for price rejection in the mid 1270’s the first time up. The pit 200 day is app 1283. A lot of good … Continue reading
Risk On
We have currently just added some long portfolio exposure that we took off May 2 in OXY, as well as some of you re-buying some AAPL. If the stocks can’t find footing after 12:30 Central I’ll likely go neutral these … Continue reading
OXY…AAPL
A couple of months ago I was looking to re-buy OXY around 90. I would have preferred to have that price match up with 89 dollar oil. Bottom pickers…this is the right day of the week,with an oversold condition, and the … Continue reading
S&P 500 ….Price Action
The market acts horrific.. New shorts will be initiated on new lows. You’ll see these new shorts getting trapped all day. Day- Traders, be patient for the small pops. Until you get price action back above 1254 the shorts are … Continue reading
A.M. Look 7/29/11
It’s the last day of the Month: The overnight low in the Spu was app the 200 day mvg avg. ( 1282 ish), NASD shows value at 2295-2310 first time down…I would still like to see AAPL print 378-80 to … Continue reading
The Late Show…Position Adjustments
AAPL …396.27 has my full attention…it was up closer to 400 in pre-market after earnings..however, price rejection here can put in a short term double top. A 20-25 dollar break would be healthy for this instrument. NASDAQ 100 Futures is … Continue reading
A.M. Look 7/19/11
We’d like to thank John Thomas, “The MAD HEDGE FUND TRADER”, for an insightful and entertaining luncheon at his Chicago event, it’s always a pleasure! Lemming Effect Trading…yesterday was more of the same…we sent out the Swiss and EUR/CHF charts … Continue reading
A.M. Look 7/18/11
The fear trade continues…Short Euro/Long Metals.. 1298-1302 S&P 500 futures is still a key technical level. This continues to be a market for short time frame traders, while stocks like AAPL have become the recipient of a seeming flight to … Continue reading
A.M. Look 7/11/11
Today traders should pay close attention to last Friday’s lows in the Equity indices and 118.07 EUR/CHF. There are stops building under these lows. This will make today another price action trade. Pressing follow through the first time at these … Continue reading