Tag Archives: AMZN
A.M. look 7/31/15
Stocks… Bonds … Bund…153.50 is support. 153.34 is today’s ORL #. FX… Euro…109.90-110.00 is resistance. EUR/JPY…could get pushed toward 137.00 going into the end of trading today. The feature is month end markings …Long Euro/Short commodity currencies Commodities… … Continue reading
Midday Missive
AMZN…522 is today’s hold and break down #. GOOGL…650 is today’s hold and break down #. FB…91.30 is the low risk buy level. Closing below this area will lead to a potentially big drop.
A.M. Look 7/27/15
Stocks… Spu’s…2060 is the 200 DMA. Looks like we’re in for another test of this level. Nasd 100..4509 is fib support with 4500 being today’s 50 DMA. This is a cover zone the first time down. You’d expect a bounce … Continue reading
Midday Missive
AAPL & IBB look descent against today’s low. Would not risk anymore. I just bought some APPL with a stop @ today’s low… just missed my buy level by 20 cents. Spu’s currently have a double bottom on the point … Continue reading
Midday Missive
IBB…356 is mvg avg support. A close below this level is needed for more downside. Copper…put in an ORH week. 2.95 is resistance and the qtrly pivot level for the past few years. GDXJ…the Junior miners look like they can … Continue reading
Midday Missive
IWM & MVV are both looking good. IBB…gains upside momentum with a close over 295. BIIB…Biogen is attempting an ORH day with a close over 325. This level will be an important reistance and closing upside pivot level the rest … Continue reading
Midday Missive
CAT…the macro sell stops are @ 102 which is also Thursday’s (month end) ORL pattern hold #. DIG & XLE look vulnerable to a bigger sell off. Dig could retest the 50 DMA @ 84.70 ( 98 XLE). Oil…would need … Continue reading
A.M. Look 5/6/14
Stocks… Spu’s…1894 is resistance. QQQ…the upside breakout is a close over 88.30. Yesterday’s low is your risk to be long (86.50 Close). PCLN…maintaining and closing over 1196 should see this rally to 1248. UNH…United health care is another beaten up … Continue reading
Price Action
The Spu’s held Unchanged on the year with interim support @ 1844-46 matching the Spy @ 184.70. Both are attempting ORL days and both have hit intermediate support. 15.20 is resistance in the VIX. Most instruments are getting oversold again. … Continue reading
Midday Missive
Europe is heading for the exits. Vlad the Impaler is shading enthusiasm for any squeeze up into month end. XLF… is breaking down below 2190. AMZN…the first downside wave count tgt is 302. Nasd 100…3500-11 should give the sell off … Continue reading