Tag Archives: AMZN
A.M. Look 12/15/15
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
A.M. Look 12/14/15
Stocks… The big cap momentum names have put in topping patterns which we didn’t see in the earlier year sell offs. AMZN…sell stops are @ 620 with 612 being first support. Bonds… 30 Yr. Bonds…156.02, old resistance, is now support … Continue reading
A.M. Look 12/11/15
Stocks… Spu’s..(Z) 2049 will become resistance. The low 30’s can trap new shorts. Nikkei…(H) closing under 18.950 is negative. DAX…(Z) needs back above 10,482 close to keep from sliding further. AMZN…646 is the must hold level going forward. IBB…needs to … Continue reading
A.M. Look 12/10/15
Stocks… Spu’s…it’s in the middle. Much above 2055 resistance it can run back to 2070 again. Closing today below the mvg averages would not portend well for next week.Spu/Bonds are sitting on the 50 & 200 DMA cross…The spread needs … Continue reading
The Late Show
Spu’s keep holding the 200 DMA on these mid day breaks. Stocks trying to bottom out today. These will take into the close for upside momentum verification. HZNP, CELG,BMY & IBB are all attempting bottoming patterns. NFLX AMZN FB PCLN … Continue reading
A.M. Look 12/8/15
Stocks… CMG…this is where the day traders are playing. 516 83 will be pivotal. Anything into 500 can trap shorts. GOOGL…weakens below 760. AMZN…weakens below 660. Spu’s…weaken under 2064. Nikkei…breaks down under 19,380. December Futures expire Thursday. Bonds… Bund…the Dec … Continue reading
The Late Show
NFLX…is causing continued Index weakness with price action below 125.75, today’s daily ORL#. The weekly sell stops are below 122.42. AMZN…the same # here is 661.40, which if closed below, would lead me to question the health of the entire … Continue reading
Midday Missive
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
A.M. Look 11/12/15
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. ULTA…169.60 is support and the closing momentum #. … Continue reading