Tag Archives: Copper
The Late Show
Unless you own something i would not be looking to sell anything. Copper…is attempting an ORH week. As Long as (H) remains above 2.1250 the pattern is friendly. For all you energy Bulls, here is the canary in the coal … Continue reading
A.M. Look 7/9/15
Stocks… Spu’s…2061.50 are where the near buy stops are. I’ve orders to take some money off the table @ 2064, just shy of today’s 2067 momentum #. Nasd 100…4408-25 is the first resistance zone. DAX…11,250 is resistance. 10,628 is 200 … Continue reading
A.M. Look 6/12/15
Stocks… XLK…43.25 is resistance and the closing upside pivot. MVV…remains firm above 81.80. UNH…is a low volatility healthcare name. This remains firm over 115.80 close. XHB… 36.48 is the weekly ORH # XLE…put in an ORL day. 77.67 is unchanged … Continue reading
A.M. Look 5/27/15
Stocks… Equity Indices did not get quite low enough yesterday. TSLA…247.45 is support and the downside momentum #. Closer to 230 would be a better place to initiate a new long. ACT…show me something under 297, the 50 DMA, to … Continue reading
Commodities
These are static #’s that do not change.. This is the road map for the downside in oil Published 5/20/15 Commodities… NATGAS…put in a topping and upside exhaustion pattern yesterday. We’ll need a day or two for confirmation that … Continue reading
A.M. Look 5/26/15
Stocks… Equity Indices are tired and in need of a break. Individual names will continue to out preform. Spu’s…resting near term sell stops remain below 2112. GS…215 is where the qtrly congestion lies. This is a name for your buy … Continue reading
A.M. Look 5/20/15
Stocks… YELP…I gave it a go and it rallied 3% right into weekly resistance @ 48.50 and rejected. I’m not married to it. Biotech always has a couple of names in play for 5-10% a day. Time to refocus. KITE.…rallied … Continue reading
May Day
Stocks… LNKD…big picture 192 should bounce the first time down.SLB…maintains upside momentum by holding over 92.90. RIO…by holding 44, look for a move to 48.20. Spu/Bonds…it’s pattern integrity on the break yesterday. Spu’s…have to close under 2065 for lower. 2089 … Continue reading
A.M. Look 4/30/15
Stocks… Equities will be all about the sectors and the individual names within. Spu’s…sell stops are below 2090 support. Nikkei…19,400 is a level that needs to hold over the next day or so to prevent a deeper correction. SLB…broke … Continue reading
A.M. Look 4/2/15
Stocks… Deutsche Bank & GS were two of the highlights for the bulls. DB’s.. low was 34.71. As long as that holds look for an initial move to 37. GS… Put in an ORH day. This is a long against … Continue reading