Tag Archives: BAC

A.M. Look 3/7/14

Posted on 03/07/2014

Stocks… Spu/Bonds are attempting an ORH week. I’ll comment on the pattern near the NYSE opening. Spu’s..1856 is the lowest risk buy level. Nasd 100.. the low 3680’s should hold Bonds.. 30 yr. Bonds (H)…132.21 are where the macro sell … Continue reading →

A.M. Look 1/28/14

Posted on 01/28/2014

Stocks… Spu’s…I’m looking to buy around 1730 with a very tight stop. Presently, the Spu’s are holding point & figure support @ 1770. Yesterdays low was a normal standard deviation move for the Spu’s of 80 points. I’d like to … Continue reading →

A.M. Look 1/3/14

Posted on 01/03/2014

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 →

Midday Missive

Posted on 11/12/2013

BAC…by maintaining above 14.25, this is set to run higher. IBM…over 183.80 this has another couple of dollars before any new resistance. PBR…is trying to bottom, Sustaining and closing over 16.55 is needed for confirmation. EWW…Mexico is trying to bottom. … Continue reading →

A.M. Look 10/16/13

Posted on 10/16/2013

Stocks.. Play in the names that are reporting today if you must trade. Mattel,BAC,American Express,Ebay IBM are some of the bigger names. Spu’s…need under the mid 1680’s to break down. Bonds FX… Commodities… Gold…needs above 1300 to mount a rally. … Continue reading →

A.M. Look 10/15/13

Posted on 10/15/2013

Stocks.. GOOG…is good as long as it does not print 864 PIN…by maintaining over yesterday’s high, this tgt’s 18.46 next. FXI…38.90-39.02 is the next resistance area. Once above look for another dollar   EWW…maintaining above 66 gets this moving to … Continue reading →

A.M. Look 6/10/13

Posted on 06/10/2013

Stocks.. GOOG…closing over 884 will keep this firm AAPL… closing over 445 will be positive. BAC…13.50 is the closing upside pivot. Spu’s…needs back under 1632-33 for further set backs. Maintaining and closing over 1645 is price positive. SPY…maintaining and closing … Continue reading →

Equity Indices…GDX…BAC

Posted on 04/15/2013

Spu’s…1562 +- a couple is the closing qtrly Pivot. Nasd 100…2810 +- a few. GDX…looks like it wants to test the long term stops under 27.15. BAC…needs to close over 12.30 for upside momentum. Once again investors were looking early … Continue reading →

A.M. Look 4/4/13

Posted on 04/04/2013

Spu’s.. call me a reluctant Bear, we have to go 1544 sellers to break. 30 yr Bond…P&F resistance started at 145.22 yesterday which gave us initial price rejection, however we’re only concerned with the bigger macro areas which we laid … Continue reading →

BAC…Trade Alert!

Posted on 02/15/2013

We’re closing this trade. Sell 12/13 call spread as best you can