Tag Archives: Crude Oil
A.M. Look 10/27/15
Stocks… Spu’s…2055 is support and the downside momentum level. As of now you’d need to see sustained price action below 2053 to see profit taking. GOOGL… weakens below 711. AMZN…weakens below 579. Bonds … 30 Yr. Futures…can squeeze up … Continue reading
A.M. Look 10/22/15
Stocks… Bonds … No desire to be short! FX… Commodities… OIL.. 46.30-40 is near term resistance. Closing under 44.97 ( the 50 DMA) will bring out the bears. Gold…I got stopped out at break-even. I remain bearish the metal … Continue reading
A.M. Look 10/20/15
Stocks… AAPL…needs sustained price action and a close over 112.50 for an upside breakout. GILD…sustained price action and a close over 104.00 is needed for more upside. TWTR… remains positive as long as there is no close below 29.80 XLV…70.30 … Continue reading
A.M. Look 10/19/15
Stocks… TWTR..sustaining over 31.50 leaves way for another 5 dollars. DIS…needs under 105.60 to weaken. Bonds … 30 Yr….157.25 is today’s mvg avg support. Bund…156.45 is today’s mvg avg support. FX… GBP/USD…is strong on the crosses. GBP/JPY is … Continue reading
A.M. Look 10/16/15
Stocks… Nasd 100…4384 is support and the downside pivot. Bonds … No desire to be short FX… EURO…113.20 is support. Equities down has been positive Euro. Commodities… OIL..47.20 is resistance. General Comments or Valuable Insight Attached is my … Continue reading
A.M. Look 10/13/15
Stocks… Nasd 100…4390 is resistance. Spu’s…we’re stuck. We’ll need to see sustained price action and a close over 2012 to grind higher. Bonds … FX… AUD/USD…point & figure shows a good close over 74 cents is needed for higher. … Continue reading
A.M. Look 10/12/15
Stocks… Nasd 100…4390 is resistance. Spu’s…we’re stuck. We’ll need to see sustained price action and a close over 2012 to grind higher. Bonds … 30 Yr. Bonds…Price action back above 157.07-13 will have the Bonds going back up. FX… … Continue reading
A.M. Look 10/09/15
Stocks… XLU…put in an ORH day. 44.39 is 200 DMA resistance. 43.75 is support. XLK…41.81 is resistance. NFLX…put in an ORH day. Retest support is 109.30. Nasd 100…4390 is resistance. Bonds … 30 Yr. Bonds…despite the ORL Bonds traded right … Continue reading
A.M. Look 10/8/15
Stocks… Spu’s…1990 is resistance. Do not fade above. RAX…another name that bottomed with the Indices. Price action and a close over 28.25 is needed for additional upside. Bonds … 30 Yr & Bund… formations seem friendly. It’s a Risk On/Risk … Continue reading
A.M. Look 10/7/15
Stocks… Spu’s…1990 is the 50 DMA. The talking heads will all be focused on it today. Low 1970’s will be initial support. A close lower on the day today would be needed to turn the herd. Bonds … 30 … Continue reading