Tag Archives: Crude Oil
USO…Put Follow Up
I sold the USO 17.5 3/20/15 Puts which were purchased for .39 @ $1.50.The Futures rallied going into today’s options expiration, with the Futures contract expiring Friday. As long as the April stays under 44.50, Oil and the USO will … Continue reading
A.M. Look 3/17/15
Stocks… Press the bet in the the Biotech lottery is the best game in town. DAX…I didn’t have a higher tgt than 12,000. We’re seeing some profit taking. Let’s see if it turns into anything. Russell…is flirting with new all … Continue reading
A.M. Look 3/13/15
Stocks… Spu’s…(H) sustaining into the upper 60’s will give way to 2078 resistance. DIS…is a name that should stay strong into the end of the qtr. Bonds … Bonds…(M) 157.25 is today’s support. 159.27 is today’s resistance and upside pivot. … Continue reading
A.M. Look 3/12/15
Stocks… Spu’s…2044 is the weekly hold # and the closing downside pivot for more weakness. Downside support is 2024 followed by the 200 DMA just below 2000. Spu’s need recovery over 2044 for a start. Nasd 100…4333…4285…4265; these are the … Continue reading
A.M. Look 3/11/15
Stocks… Spu’s…2044 is the weekly hold # and the closing downside pivot for more weakness. Nasd 100…4333…4285…4265; these are the support levels coming down. They will not change. BIB & IBB…Closed neutral ” right on their momentum #’s. XLV…70.80 is … Continue reading
A.M. Look 3/9/15
Stocks… Spu’s…I still have 2061 as a level to look to buy before you sell. Looking at a long term point & figure Spu’s could work there way into the high 2040’s and still hold long term pattern integrity. GOOGL…560 … Continue reading
A.M. Look 3/5/15
Stocks… AVGO…put in an ORH day. If this holds early and starts up it can go. Opening range trading 101. RCPT…put in an ORH day. If this holds early and starts up it can go. Opening range trading 101. PCYC…the … Continue reading
A.M. Look 3/4/15
Stocks… SPU’s…2093-95 will be pivotal all day. The index can hold here, however sustained price action under will lead to more profit taking. DAX..11,200 is the hold level. Sustained price action below this level will have me looking for a … Continue reading
A.M. Look 3/3/15
Stocks… GOOGL… 554-550 is the low risk buy zone NFLX…shows a potential weekly double bottom @ 470. Below, all the new longs will get run out. PRU & CB… are two financials that put in ORH days yesterday. As long … Continue reading
A.M. Look 2/27/15
Stocks… Long NASD 100 & Spu’s vs Short treasuries have been grinding. Both need to hold on the daily charts to not roll over. The weekly Spu/Bonds show a topping pattern, at least one that needs time to work off … Continue reading