Tag Archives: Aud/Usd
A.M. Look 2/4/14
Stocks… Spu’s…can still print into the 1720’s and rebound. Price action early will dictate the day. MSFT…put in an ORL day. Sustained price action and a close below 36.30 will signal a deeper correction. First stop would be a test … Continue reading
A.M. Look 1/27/14
Stocks… Spu’s…1800 is the qtrly pivot. Short term traders should be using this level for market tone. This is where you look for market follow through to the upside. A lot of technicians were eyeballing the low 1770’s as support. … Continue reading
A.M. Look 1/23/14
Stocks… DPM…Midstream Partners has some upside potential as long as it holds today above 49.30-40 the 200 day mvg avg. Spu’s…the all session chart shows a possible ORL patten with a close below 1833. Spu’s would need to sustain under … Continue reading
A.M. Look 1/22/14
Stocks… PCLN…remains in it’s own insulated world. By maintaining above 1198 close, this has much higher tgt’s. The 1230’s would be a chip shot near term tgt.The monthly chart shows that this momentum name, which doubled last year, can only … Continue reading
A.M. Look 1/8/14
Stocks… TRIP…TripAdvisoris attempting in an ORH week with a close over 82.90. The first tgt. is 90.50, last years high. 83.85 is a low risk buy. PG…Proctor & Gamble might not be a momo stock but it doesn’t look … Continue reading
A.M. look 1/6/14
Stocks.. GOOG…put in an ORL week. Below 1101 this can pick up some downside momentum. Bonds… 30 Yr. Futures…sell rallies not breaks. There should be small resting buy stops around 129.00 which could lead to another 1/2 point rally. FX… … Continue reading
Midday Missive
NASD 100…is attempting an ORL week with a futures close under 3549. The pattern has just filled the weekly gap left from the Fed meeting in Dec. @ 3536.50. You’ve have potential reversal weeks up in the Aussie and Gold … Continue reading
A.M. Look 1/3/14
Stocks.. BAC…is putting in an ORH week with a close over 15.79. While the pattern looks good I am not a fan of chasing this strength. LNG…as long as this holds above 42.40 close I’m a fan. Spu’s…a … Continue reading
A.M. Look 1/31/14
Stocks… Spu’s…resting sell stops are below 1760. CAT…has had a huge bounce from last Friday’s plunge to the 200 day mvg avg. This bounce looks completed. 94 is the short term tgt for this bounce. Bonds… 30 yr. Bonds…134.24 is … Continue reading