Tag Archives: Crude Oil
Midday Missive
VIX… is trading above the mvg 200 DMA as all the long commodity trades are being unwound. Gold….has to hold the 1245 level to remain viable. OIL..inventory #’s in 30 minutes will be telling. Failure to hold a break into … Continue reading
A.M. Look 3/9/16
Stocks… Spu/Bonds…held it’s 50 DMA which lines up with 3/1/16 Spu close of 1977.90. Bonds.. 30 yr….162.14-15 is support and the daily gap from yesterday. FX… Euro…short Euro/Long every other currency with the exception of the Suisse Euro weakens further … Continue reading
A.M. Look 3/8/16
Stocks… IYM…72.35 is the 200 DMA XLY…is struggling at it’s 200DMA Bonds.. 30 Yr….164.05 +- a couple. Bund ( March) expires today along with the rest of the European debt instruments. Bund (M).. FX… Euro…is currently stuck in a … Continue reading
A.M. Look 3/7/16
Stocks… Spu’s…we’re into back and fill mode. Closing under 1987 puts the index back on the defensive. Nasd 100…needs a close over 4360 for upside. WDAY…is emblematic of many hot names. They’ve had huge runs to their respective 200 … Continue reading
A.M. Look 3/4/16
Stocks… Spu’s…2016-18 is the level for shorts to give it a go. Equity Indices would be extremely overbought right into the gap and the 200DMA just shy of unchanged on the year. Nasd 100…4424.70 is today’s 200 DMA. DAX…9850 … Continue reading
Midday Missive
It’s all the commodity based & Energy names that are ripping.. FANG..is running out of steam and so is healthcare The Oil took forever to set up and go today. Energy names were firm all A.M. NEM…looks like it want … Continue reading
A.M. Look 3/2/16
Stocks… Nasd 100….4360 is resistance. A retest of 4265 would make for a low risk buy. NFLX…12% since last Wednesday. Anything into 101 is pretty good resistance AMZN…585 is mvg avg resistance and a 50% rally off it’s FEB low. … Continue reading
A.M. Look 3/1/16
Stocks… Spu’s….are a two way time frame trade. Closes below 1929 is needed to break. Bonds.. 30 Yr…164.05 is today’s ORL # in June Bonds. They are weak by remaining below. FX… EURO…108.61 is the 2015 close, matching the .618 … Continue reading
A.M. Look 2/26/16
Stocks… Spu’s….both the Nasd & Spu’s have hit their initial upside targets In London. They should back and fill a bit. The question is how much. The low 1940’s in the Spu’s and 4230 ish in the Nasd would provide … Continue reading
A.M. Look 2/23/16
Stocks… Spu’s….1942.50 is the 50 DMA resistance. Near term support will be at Thursday night’s high of 1922. Bonds.. 30 yr….166.20 will be pivotal over the next couple of sessions. After electing the buy stops last night sustained price action … Continue reading