Tag Archives: CAT
What’s Not bearish
EWW…Mexico is moving with the Oil. 2 days over 52.72 will see this test the year high. CAT… DD…DuPont NFLX…electing stops above it’s 200DMA and attempting an ORH weekly pattern. PCLN…after printing it’s 200DMA this is having good … Continue reading
A.M. Look 3/28/16
Stocks… The indices have done their thing both ways over the past 2 Globex sessions. From the 200 DMA in the Spu’s @ 2012 to 2040 closing resistance. Closing over 2040 is needed for a 30 point swing up into … Continue reading
Midday Missive
So far names that have been holding a bid are AAPL, MSFT & CAT. Oil names have led the short covering in the Oil Futures. I would not get sucked into chasing strength in the Oil patch. I’m going to … Continue reading
The Late Show
DAX & Euro Stoxx have the most abysmal chart patterns with ORL’s. SAP…needs to hold 74.15 on a closing basis to help out Europe. As of now it’s showing a 6 day Island top. A 75.47 print is needed over … Continue reading
A.M. Look 11/18/14
Stocks… DAX…put in an ORH day with a close over 9290. The weekly ORH # is 9400. Closes over 9490 will have European equities take the lead upward. CAT…closed right on it’s ORH # of 101.70. Investors looking at this … Continue reading
A.M. Look 11/18/14
Stocks… DAX…put in an ORH day with a close over 9290. The weekly ORH # is 9400. Closes over 9490 will have European equities take the lead upward. CAT..closed right on it’s ORH # of 101.70. Investors looking at this … Continue reading
Midday Missive…W/Position Update
Ford…I sold half the Ford position off just shy of the 50 DMA @ 14.86. Raise the trailing stop to 14.00 Stop Close from the current 13.80. JJG…we have a resting order to sell 1/2 this position @ 39.30. We’ll … Continue reading
Midday Missive
IYT…141.15 is the 200 DMA, sustained price action over this level will give in the Indices a boost. GOOGL… has put n a daily double bottom@ 545. CAT… has been a leader. 95 is resistance and the closing upside pivot. … Continue reading
Midday Missive
They’ve tried the Equity Indices both ways and have pretty much run out all the short term money. All long Dollar trades are being unwound. I’m going to give the Euro into tonight to stop rallying or I’m checking out … Continue reading
Midday Missive
CAT…the macro sell stops are @ 102 which is also Thursday’s (month end) ORL pattern hold #. DIG & XLE look vulnerable to a bigger sell off. Dig could retest the 50 DMA @ 84.70 ( 98 XLE). Oil…would need … Continue reading