Tag Archives: AUD/NZD

A.M. Look 7/28/14

Stocks… DAX…closes under 9550 are needed for a bigger correction. VIX…12.90-13.00 is 1st resistance, followed by 1360 the 200 DMA. Bonds 30 yr. Bonds…while Bonds put in an imperfect double top on the bar charts (just missing the previous high … Continue reading

A.M. Look 7/24/14

Stocks… ALXN,BIDU,CAT,CBI,DECK,ECA,PHM,ALK,AAL report today. Bonds 30 yr. Bonds…while Bonds put in an imperfect double top on the bar charts (just missing the previous high by a few ticks) the point & figure shows one. Price action and a close under … Continue reading

A.M. Look 6/12/14

Stocks… XLE & DIG…both put in ORH days. Bonds 30 Yr. Bonds…need new price action either above or below yesterday’s range for new direction. FX… NZD/USD…86.70 was last qtr’s close in the Kiwi, making the first price action above this … Continue reading

A.M. Look 6/2/14

Stocks… Nasd 100… 3740.50 is resistance and a potential monthly and qtrly double top #. Price action around this level will run the next swing. We’ve been expecting a 3754 print in the Nasd for a long time. We’ll reevaluate … Continue reading

A.M. Look 5/30/14

Stocks… Nikkei…14,780 is 200 DMA resistance. Bonds 30 yr. Bonds…I’m looking for a 139.28 print after which it will be no longer profitable from a risk/reward point of view to “buy before you sell” 140.15 is the target for this … Continue reading

A.M. Look 5/29/14

Stocks… PCLN…1276.75 is the monthly ORL #. A Friday close and sustained price action over this level on Monday would generate new upside targets. TWTR…is trying to bottom. Those that wish to buy this should use a 32 stop on … Continue reading

Midday Missive

Those wishing to play today’s little lotto. LNKD…25 April 14 180 Call 2.90 is about Mid-market. NFLX…25 April 14 370 Call These are almost 4 times as expensive as last qtr’s earnings trading around $8.50 dollars. The last time NFLX … Continue reading

A.M. Look 4/2/14

Stocks… Spu’s…could trade into the mid to high 1890’s IYT…the long term buy stops are over 136.95. The market should pause @ 137.30-40, however holding above 137 generates much higher targets. NFLX…could easily rally back to 390. XLE…is in rally … Continue reading

A.M. Look 3/25/14

Stocks… DAX…needs closes over 9400 for higher. EWG…30.12 is a potential weekly double bottom. Closes over 31 are needed for higher. Nasd 100…3623 is mvg avg resistance and the daily upside pivot. Bonds10 yr. Bond (M)….by holding last night’s low, … Continue reading

A.M. Look 3/13/14

Stocks… GOOG will be a huge market tell over the next week. It was the first bell weather tech to put in an ORL pattern, which the broader market belatedly followed. Yesterday’s low was not low enough @ 1184. 1178.50 … Continue reading