Tag Archives: BBY

A.M. Look 1/8/19

Best Buy (BBY) & Union Pacific (UNP) are higher and worth a look early. AMZN is into weekly 50 WMA resistance @ 1662 Nasd 100…350 points in a straight line from 5/17 was one of the biggest moves without 100 … Continue reading

Midday Missive

It’s a name game. MS & BAC in Financials The morning saw some buying of upside Lottos for year end The Index lows are unimpressive. Stick with identifiable names on a case by case basis. Don’t forget to take the … Continue reading

Daily Market Intelligence 2/16/17

Daily Market Intelligence 2-16-17

A.M. Look 11/17/16

OIL..Crude is starting to roll. January (F) will be front month. The volume is just slightly more in the Jan. than the DEC. contract. January is trading at a 60 cent premium to Dec. Euro…107.60 ish on the Point & … Continue reading

A.M. Look 8/23/16

Oil..this is back to a tale of two charts. 44.40-60 matrix # lines up with a daily 50 DMA, while a continuation chart shows the 50 DMA @ 45.57. Both levels are bounce zones. DE…Friday’s opening range trade winner needs … Continue reading

A.M. Look 11/25/15

Stocks… BBY…is showing a seasonal bounce. Sustaining over 31.65 is needed for a move to 33 +- a few.   GOOGL…ran the Spu’s yesterday both up and down. I try and put out the obvious matching technical levels in the … Continue reading

Midday Missive

BBY…38.88 is the qtrly ORH#. This will act as resistance the first time up. GOOGL…657 is the high qtrly close. All long exposure should be managed against this level on a short term basis. Above/ will keep the board Risk … Continue reading

A.M. Look 9/11/15

Stocks… Spu’s…1919-22 is support and the closing downside pivot. 1968 will delineate the upper band today. Nasd 100..a close under 4240 is needed for further downside. A close over 4315 is needed to think the downdrafts are at an end. … Continue reading

Midday Missive

It’s all in a name. The indices will be a nightmare to trade. The Nasd 100 will remain firm as long as IBB holds today’s low of 344 which is it’s 200 DMA. BBY…36.05 is the 200 DMA. Closes over … Continue reading

Midday Missive

XLE…is attempting an ORH day closing over 93.86 KBE, JPM, BAC, XLB, BBY,NKE..are all low risk longs with a stop against today’s low.