Tag Archives: ECB
A.M. Look 9/2/15
Stocks… Spu’s…It would take over 1939-41 for any meaningful short covering. Nasd 100…4268 and 4379 are the resistance levels. Bonds … Bund…(SEPT) 154.30 is today’s resistance. This needs sustained price recovery back over 153.35 to rally anywhere. FX… USD/JPY…119.00-40 is … Continue reading
A.M. Look 9/1/15
Stocks… Spu’s…1967.25 is closing resistance. Nasd 100…4238 and 4389 are the resistance levels. IBB…anything into 326 is a possible hold zone. Closing below is negative the indices. Closes back over 350 are needed to form up for a bullish pattern. … Continue reading
A.M. Look 6/3/15
Stocks… Spu’s…have to sustain over 2015 for higher. The low 2090’s is near term support the first time down.DAX…11,380 is the weekly closing hold level. Bonds … TBT…48.16 is support and the downside pivot. FX… EURO…110 will be pivotal all … Continue reading
A.M. Look 5/13/15
Stocks… Spu’s…a couple of closes over 2120, where the resting pattern buy stops are, is needed to re kindle a feeding frenzy in equities. VIX…I’ll look to give this another go in the mid to low 12’s via a long … Continue reading
A.M. Look 5/12/15
Stocks… UVXY…I’m going to Cancel my resting order to Sell @ 10.38. I want to give this some room to work. Price action over 10.50 can see this gain upside momentum. I’ll monitor the price action this A.M. and place … Continue reading
UVXY…Trade Alert!… W/Midday Missive
Bonds continue to weigh on the Dollar ( Except against the Pound) and the Equities. Treasuries are retesting the pre ECB Thursday A.M. Intervention. Don’t press direction. Bonds are running the spreads against the equity Indices. Levels that are important!!! … Continue reading
A.M. Look 5/8/15
Stocks… Spu’s…I doubt it can get back into the 60’s again. Only a close below yesterday’s low changes the bigger pattern. Bonds … 30 Yr. Bonds… 157.19 was last week’s close (1st natural resistance) I’d need to see sustained price … Continue reading
Midday Missive
Bond buying is the theme of the past few hours. It’s pretty evident that the ECB stepped in to generate that type of price action and those types of reversals. No..they don’t have me on speed dial to tell me … 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
EUR/JPY
The resting sell stops are @ 142.36. Electing those stops will lead to more weakness in the Euro today. We’re still working an order to buy the cross at 141.25. The cross could go as low as 140.40 and still … Continue reading