Stocks… Spy & QQQ gave sell signals yesterday. GOOGL & AAPL are stalling out with sell signals. DIS…gave a sell signal yesterday. I should’ve listened to my 12 yr. old review of the last Hunger games installment. She was distressed … Continue reading
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
Stocks… Nasd 100…4554 is first resistance. Bonds … 30 Yr. Bonds…157.28-30 is initial support. FX… GBP/USD…155.10 is resistance. Below there is room for a move to 153.80 the 200 DMA. AUD/USD…73.32 is support and the downside closing momentum #. NZD/USD…needs … Continue reading
https://www.youtube.com/watch?v=1gCre3x3wU0
The rest of the day will revolve around FB,NFLX & AMZN the three names that are bucking today’s trend.I’m not interested in chasing this strength given the general weakness in the Equity Indices. Nasd 100…the next support level is back … Continue reading
Stocks… Spu’s…2080 will act as support and the downside pivot. Nasd 100…4563 will be support and today’s momentum #. 4633-37 is closing resistance. All new strength over this level is needed for another leg up. Bonds … 30 Yr. Bonds…155.10 … Continue reading
I bought some AAPL just after the opening. With everyone so negative and a mid-week low, it was worth a go. I’m using a stop at today’s low. DIS…Cramer said to sell so I bought with a stop @ today’s … Continue reading
WFT, SLB, & COP are my favorites today. AUD/JPY should try and print close to it’s 200 DMA with energy & metals strength. DIG…is going to try and trade to 62.40 ish. I’m not backing off my view that Oil … Continue reading
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
The buyers are back. QQQ is a low risk buy with a stop @ 107.10. Basically Long NASDAQ risking today’s low. SSO…is a low risk buy against today’s low. Disney… still like the name risking today’s low. I’m still looking … Continue reading