Tag Archives: CBI
A.M. Look 12/28/15
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
A.M. Look 5/29/15
Stocks… Spu’s…2110-12 has to hold to avoid profit taking. DAX…11,860 is resistance and the upside pivot. 11,500 is support, below there is room for a deeper correction. SHCOMP…broke to test it’s 21 DMA before recovery last night @ 4466. This … Continue reading
A.M. Look 5/19/15
Stocks… Spu’s…only come under pressure with price action below 2112, Monday’s London Low. DAX…11,852 is mvg avg resistance. Closes over 12,000 starts a new leg up. HEDJ…66.20 is the matching #. Spu’s,Nasd 100 & QLD put in ORH days. … Continue reading
Midday Missive
The DAX looks to have bottomed for a bit. HEDJ… has rejected yesterday’s negative technical pattern. This should go up and test 65.60 if it’s good. Closing over 66.20 should be considered a resumption of the trend. Metals & Miners…Silver … Continue reading
A.M. Look 4/24/15
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. ACT…is gaining upside momentum. Keep this teed up for an opening range trade today. You’re looking for an upside move. … Continue reading
A.M. Look 7/24/14
Stocks… ALXN,BIDU,CAT,CBI,DECK,ECA,PHM,ALK,AAL report today. Bonds 30 yr. Bonds…while Bonds put in an imperfect double top on the bar charts (just missing the previous high by a few ticks) the point & figure shows one. Price action and a close under … Continue reading
Natgas Infrastructure
LNG is ripping to the upside putting in a potential ORH day. This is a buy on the break stock. The Risk is a close back under today’s breakout of 43. CBI…needs a close over 77.50 for the same pattern, … Continue reading
Midday Missive W/JJG Order
PCLN…a close over 1162 should elect a rally to just over 1200. I looked at the calls and they are pricing in a big rally. At first glance, there does not appear to be a cheap way to buy upside. … Continue reading
Natgas & UNG
Surrogates trades would include ECA,CHK,DVN,CBI,LNG
Natgas…UNG
Not for the feint of heart! This is attempting an ORH day to the upside. The low was a good enough low to hold, even though we were looking for the lower Fibs @ 3.80 to initiate a Long. The … Continue reading