Stocks… Spu’s…Battle lines have been drawn. 1851 …1913.50 on top is initial resistance. Today’s sell stops are @ 1865. AMZN…is trading in pre market @ 602, yesterday’s opening range. With earnings after the close, I would imagine that investors will … Continue reading
GOOGL…Sustaining above 750,today’s ORH#, will Keep the Futures firm. 760 is the next resistance level. AMZN was firm all A.M. despite the energy names dragging down the indices. The street is positioning for big upside again in the names going … Continue reading
Spu’s Nasd 100 Nikkei Midcap GOOGL AMZN Crude USO Nikkei Recap: we held a mid week low, with trend turning up into mid week next. We had a B.S. break into Mid Day to get long the Equity Indices against … Continue reading
BUD…120.19 is the weekly ORH #. DIS…gains upside momentum with a close over 97.19 AMZN…remains firm above 589. CA6H…71.12 Futures is the weekly ORH #.
GOOGL…725.35 is today’s ORH# AMZN…584 is today’s ORH# As far as treating that as the low for a while I can’t say as I blame you. I would like to see all today’s buyers run out into the close with … Continue reading
There is no bounce in the indexes. FB,NFLX,BUD,XLU are trading under their 200 DMA’s A couple of levels to match up with a panic today which could line up with the weekly mvg 200 avg in the Spu’s close to … Continue reading
Stocks… Spu’s…near term resistance is last night’s high of 1928.50. Holding above 1937.50 late day is needed for a mid week rally. AMZN…is coming into support on the weekly charts. This is a bounce zone the first time down. GOOGL…shows … Continue reading
Stocks… Spu’s…1933 is as good a # as any for a short term bounce. Nasd 100…4265-75 is the next oversold bounce level. AAPL…94.77 is semi-annual trend with macro stops below 92. XLE…54.26 is the 2011 low. Ultimate fib support is … Continue reading
AMZN…656.11 GOOGL…760.30 These levels have to bounce for any bounce in the Indices!
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