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.. U.S. Indces…yesterday’s Mid-Week low should hold the rest of the week. TSLA…145-146 becomes support. Bonds… FX… AUD/JPY….held support yesterday. This is in a corrective profit taking phase that could reach 88.70 AUD/CAD…95.05 is resistance and the closing upside pivot. … Continue reading
Stocks.. Dax…put in an ORL day yesterday, as well as closing below the 18 day mvg avg. You would expect downside follow through early. Time will tell if the pattern is going to follow through to the downside. EWW…69.50-55 is … 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.. No change Bonds… 30 Yr. Needs over to sustain 134 to start any type of rally. FX… AUD/USD…finally traded 88.50 last night. This has the potential for a small oversold rally with price action over 89.40. Commodities… Gold…1317 is … 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.. NFLX…237-238 is short term support the first time down. 270 was the high monthly close. NFLX needs to close over this level to confirm another leg up. Bonds… TBT…72.43 is the qtrly close. Like the 30 Yr. @ 135.27, … Continue reading
Stocks.. QQQ…76.05 is a level that can reject the first time up. The longer term upside tgt is 82 as long as 72 holds on breaks. Bonds… 30 yr….135.00 remains resistance and the upside pivot. FX… Euro…needs a close under … 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