Tag Archives: Aud/Usd
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
A.M. Look 5/22/14
Stocks… EPI…India is the higher volume ETF vs PIN. Investors wishing to add India should leave a resting order to start scaling in EPI @ 21-20. PIN..I’d look to start a position @ 20 and then be willing to scale … Continue reading
A.M. Look 5/20/14
Stocks… Nasd 100…Point & Figure break out is above 3625. Sustaining above 3625 could get you another 50 points. IWM…is at a major inflection level after a 2 day rally into major mvg avg resistance. A close over 111.25 is … Continue reading
A.M. Look 5/15/14
Stocks… Spu’s…sustained price action under 1882 is needed for a further sell off. Nasd 100…still needs under 3575 to do any pattern damage. DAX…9600 is today’s support. FTSE…6995 is the 1999 high with resting buy stops above. This is the … Continue reading
A.M. Look 5/5/14
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. DAX…put in a ORL day Friday and is following through to the downside. 9426 is mvg avg support. This is just one more tired Index that keeps failing at … Continue reading
A.M. Look 4/23/14
Stocks… AAPL,FB Delta report today. GILD…is up a couple of bucks in pre-market. Investors who are long this name should pay for their trades. GDXJ…36.35-50 is resistance and the upside closing pivot. Bonds 30 yr…the current range is 133.18-134.10. Sustained … Continue reading
A.M. Look 4/22/14
Stocks… Nasd 100…3570-78 is the resistance area for this swing. AAPL…as long as 530 holds I’m friendly. 538-539 is first resistance.Earnings are tomorrow and Apple has had a nasty habit of being down after earnings. Weekly options are the way … Continue reading
Gold/ Currencies
Yen/Gold clearly broke out through it’s 200 day mvg avg last night. Euro/Gold is coming into support which should match up with the 1328-33 level in the Gold futures. The Aussie is a currency I’m not interested in selling, however … Continue reading
A.M. Look 4/10/14
Stocks… DAX…9600 is resistance. the sell stops are @ 9498 today’s ORL#. Then look for a test of 9440. Nasd 100…back under 3576 will propel the Bonds even higher. IWM…under 113.50 would precipitate downside momentum. Bonds 30 Yr. … we … Continue reading