Tag Archives: Aud/Usd
A.M. Look 8/7/14
Stocks… Spu’s…closing back above 1940 will put the Bulls firmly back in control. 1875 is my buy zone. This is the spot I’m buying the Index to see how big of a bounce I can get. Nasd 100…3850 will be … 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 7/23/14
Stocks… BIIB…294.45 is 200 DMA and monthly trend support. 302 is the Monthly ORL #, the level that needs to hold for a positive pattern at month end. BA…Boeing reports today. 130.30 is the 200 DMA resistance. This one needs … Continue reading
A.M. look 7/8/14
Stocks… AAPL…is breaking out to the upside on a qtrly chart above 95.30. I’m looking for another 10-15 % of upside. GPRO…Gopro is consolidating between 40.50 support and 45.25 resistance. These two levels will run the next swing. Spu’s…need a … Continue reading
A.M. Look 6/23/14
Stocks… UNH…looks good on the weekly chart with an ORH week. JPM…remains firm over 57 close CELG…is a name that will be in play going into qtr end. A close over 175.17 is needed for an ORH qtr. MELI…Mercadolibre is … Continue reading
A.M. Look 6/20/14
Stocks… IBM…double topped at the 50 day & 50 week mvg avg the first 2 weeks of the month. This one needs some patience for a sign of a good low. It would be a better trade after month end … Continue reading
A.M. look 6/19/14
Stocks… IBB…put in an ORH day. The weekly has room to move toward initial resistance around 260. UNH…had a big hold at the 50 DMA yesterday. Sustained price action and a close over 79.40 will attract buyers for a run … Continue reading
Australian Dollar Trade Alert!
BUY 1 DA6U ( Sept Australian Dollar Future) @ the market. FX traders just buy the cash AUD/USD. Do this on an equal weighting to spread up the present Short Euro position. We will now be Short Euro/Long Aussie on … 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