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
Stocks… Buy any pullback today in the Indices. Use 2091.50 as your Stop for any new longs in the Spu’s. DAX…after putting in a negative pattern yesterday DAX tried lower last night and is reversing that pattern. 11,074 is the … Continue reading
Stocks… Nasd 100… 4555 is the low risk buy zone. Closing and holding above 4686 is needed for a test of the all time high of 4882. DAX…holding above 10,927 will keep the Dax firm. Spu’s…are now caught between … Continue reading
We’ve seen the initial short covering and new buying in many of the names and indices. DAX..is the one that just missed it’s definable resistance zone near 9760, the level I need to see closes over for a bottom in … Continue reading
Stocks… DAX, Spu’s & IBB all retested the August low in yesterday’s session. Closes under those levels are needed for a deeper correction. 1860 Spu’s, 9300 DAX, 284 IBB. Bonds … 30 yr. Bonds…157.16 is first resistance. Bunds…155.59 is today’s … Continue reading
Stocks… Spu’s…sell stops are @ 1897.25 NASD 100… 4238 (unchanged on the year) “last night’s high” 4180-85 is near support. There is a 10 point wiggle room at this level. Nasd weakens below. GOOGL…put in an ORL day Friday. 621 … Continue reading
Stocks… Spu’s…we saw a mid week rally to nowhere. Sell rallies. NASD 100… 4238 (unchanged on the year). Closing below would set off another wave of selling before the end of the qtr. DAX…new sell stops are below 9483 which … Continue reading
Stocks… DAX…auto makers are causing a route in Germany causing spill on effect across the U.S. equity indices. I’m looking for a retest of the last low of 9300. NASD 100…4240 is today’s Fib support matching 4238 (unchanged on the … Continue reading
Stocks… Nasd 100 (Z)…4371 is the 200 DMA. Nasdaq needs to close over this # to gain upside traction. As long as 4300 holds I’ll be looking for specific names to buy. Spu’s….(Z) 1951 +- a dollar is unchanged for … Continue reading