Tag Archives: Crude Oil
A.M. Look 11/17/15
Stocks… Spu’s…2059 is today’s 200 DMA. 2067 is Fib resistance and the closing upside pivot. DAX..looks to test it’s 200 DMA @ 11,080 just above this months high. MMM…is a name that did not sell off on this recent market … Continue reading
A.M. Look 11/16/15
Stocks… Spu’s…spiked it’s 50 DMA @ 2002 and reversed. 2047 is resistance. Nasd 100…4523 is first resistance, followed by 4563 (Friday’s breakdown level) Nikkei…19,395 is the 200 DMA. This is the only Index holding it’s averages with a big early … Continue reading
A.M. Look 11/12/15
Stocks… Spu’s…short term sell stops are below 2064 support which if elected would open the way for a retest of the 200 DMA and unchanged on the Year in the Mid 50’s. ULTA…169.60 is support and the closing momentum #. … Continue reading
A.M. Look 11/6/15
Stocks… GOOGL…would take under yesterday’s low of 757.47 to see profit taking. AMZN…643.05 is the corresponding #. SHCOMP…had another strong night ending the week on it’s high. The Comp is moving toward a retest of it’s 200 DMA 3761. Bonds … Continue reading
Midday Missive
AAPL…I bought a little at the 200 DMA on today’s opening with a stop at a new low on the day. AGU… is breaking out to the upside. The next target is close to 102.50. FANG is doing one thing … Continue reading
A.M. Look 11/4/15
Stocks… It’s all about where the breaks hold. Spu’s…2081 is the low risk buy #. Nasd 100…4690 is today’s short term barometer. Good above/Weak below. 4677 is today’s ORL # Bonds … 30 Yr. Bonds…153.22 is weekly mvg … Continue reading
A.M. Look 11/3/15
Stocks… IWM…needs above 118 to extend higher. Bonds … FX… Commodities… Gold…1138 is resistance, price action above 1143 is needed to to run the shorts out. Oil..is holding the breaks. Look for more upside above 46.75. General Comments or Valuable … Continue reading
A.M. Look 10/31/15
Stocks… Spu’s… 8/19/15 high we broke from was 2093.25. It was Mid-week high. Note should be taken at yesterday’s index lows ( SPU’s 2073.50 & Nasd 100 4642.75) which would be today’s ORL #’s. These are the panic levels for … Continue reading
A.M. Look 10/29/15
Stocks… Spu’s…2053 is support and the downside pivot. Use 2085 for resistance. Bonds … FX… Euro…110.40 is today’s point & figure resistance. Commodities… Oil…46.30 is resistance and the closing upside pivot. General Comments or Valuable Insight There was a lot … Continue reading
A.M. Look 10/28/15
Stocks… Spu’s…2053 is support. Spu’s need to print 2049-50 for a reversal to appear on the Point & Figure chart. GILD…107.15 is the 200 DMA. You’d need sustained price action below for any real profit taking. UNH…will need over 120 … Continue reading