Stocks.. Nikkei… is rolling over on the weekly charts Spu…the daily charts formed a head & shoulders top last week that have investors looking to sell the big rallies. Bonds… 30 yr…is having an oversold bounce . The question now … Continue reading
Stocks.. Equity indices are higher on the month but lower on the week. They look to me to be in a digestive mode. I prefer to let them digest without me. Bonds… 30 yr…we’re going to leave this gestate for … Continue reading
Stocks.. Same game , another day. A lot of stock rotation with no movement in the indices, however there is lots of opportunity in underlying names. Bonds… 30 yr Bonds…are stuck in the middle of the unemployment range. A new … Continue reading
Stocks.. Spu’s…the tgt for this short swing has not changed, it’s 1717. Nasd 100… individual names is where to look for opportunity. Before this rally is over a test of 3320 is possible. EWW… Mexico put in an ORH daily … Continue reading
Stocks.. Everybody is all in long. Look for names that have not had big moves with RSI in the High 70’s or 80’s. Bonds… 30 yr. is right at resistance @ 135.00. The level has not changed. Bunds…143.75 is closing … Continue reading
Stocks.. GOOG…924 was the old pre-market high and tgt. This level will run the next swing in GOOG. NFLX…248.85 is the old high, 262 is next resistance. DAX…is over the 8000 pivot. Bonds… 30 yr….The long term point & figure … Continue reading
Stocks.. GLD…122.88-123.33 is resistance. Closing above this level will lead to a test of 125. AGQ…a close above 17 is needed for a try at 19. GDX…technicians will be looking for an upside breakout above 23.70 to hold and go … Continue reading
GLD ETF…expect price rejection anywhere close to 122.88 the first time up.( App 1275 August “Q” Gold. Do not try to buy strength into this level. This instruments is buy on dips, not on strength. A close over 123.91 would … Continue reading