Tag Archives: Crude Oil
A.M. Look 2/24/15
Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. Euro Stoxx 50…price action under 3498 will run out weak longs. DAX…10,900 is the hold level. Nikkei…18,425 is today’s ORL # Bonds … … Continue reading
A.M. Look 2/20/15
Stocks… VIX…is flirting with the 200 DMA again @ 14.66 Bonds … 30 Yr. Bonds..(H)…price action under 144.00 can lead to another 2 points of downside FX… EUR/AUD…144.23 is the lower end of the recent range. This is support … Continue reading
A.M. Look 2/19/15
Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Closes over … Continue reading
A.M. Look 2/18/15
Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Spu’s..2060 is … Continue reading
A.M. Look 2/15/15
Stocks… BDBD…Boulder brands broke out yesterday. Support is 10.74. UA…put in an ORL topping pattern yesterday. 73.65 is initial support. Whether this is just short term profit taking from a big run or something bigger,only time will tell. Bonds … … Continue reading
A.M. Look 2/13/15
Stocks… IBB…322.50 is the closing hurdle. Sustained price action over this level is needed for another leg higher. AGN & ACT are two of the best looking Pharma names. Many of the names are in profit taking mode. These two … Continue reading
A.M. look 2/12/15
Stocks… FDX…breaks out to the upside over 175. VIX…14.85-59 is major support. I’m buying the 16 Calls Expiring 2/18/15 if we print into this level. Size matters with this strategy. The goal is to hedge up half your long portfolio. … Continue reading
Midday Missive
OIL…is not helping the Indices. This could easily trade down to $49.00 by remaining under 52.25. FYI…This will be Yen & Bond positive …Equity Index negative.
A.M. Look 2/06/15
Stocks… SPU’s…2065 is resistance and the closing upside pivot. Spu’s and the spreads put in ORH days yesterday. It’s all about whether the market holds a retest and honors the pattern. EFA…64.00 is the first tgt. 65-65.20 is major resistance … Continue reading
A.M. Look 2/5/15
Stocks… SPU’s…2049.25 is today’s ORH # MIDCAP…147230 is today’s ORH # Bonds … FX… EURO…114.85 is resistance. 113.00 is support. GBP/JPY…177.50 is support and the closing downside pivot. Look for this to trade in the direction of U.S. Equity Indices. … Continue reading