Tag Archives: FB
A.M. Look 9/15/15
Stocks… Spu’s…(Z) 1919-22 is support and the closing downside pivot. Short term Spu’s weaken under 1944. 1964 will delineate the upper band today. Do not fade price action above. Nikkei…weakens under 17945 NBIX…seems to have run it’s course on this … Continue reading
A.M. Look 9/11/15
Stocks… Spu’s…1919-22 is support and the closing downside pivot. 1968 will delineate the upper band today. Nasd 100..a close under 4240 is needed for further downside. A close over 4315 is needed to think the downdrafts are at an end. … Continue reading
Midday Missive
Tom Demark was on Bloomberg and announced a sell signal for the markets. It’s a great technical area to buy some portfolio insurance again. Of course there are always a few names bucking the trend however we’re at another mid … Continue reading
A.M. Look 8/28/15
Stocks… Spu’s…1967.25 (last weeks close) will be pivotal all day as it was yesterday. 2000 is the 50% Fib retrace level where bears will give it another go. Nasd 100…mvg avg resistance is 4388-95. Bonds … Bund…154.52 is resistance and … Continue reading
A.M. Look 8/25/15
Stocks… Spu’s…1950 will act as resistance. Anything over 1964 is an exit zone the first time up. Bonds … Bunds…153.82 is first fib support. FX… AUD/JPY…is pretty much the same chart as the Spu’s. 86.86, last night’s high,is first … Continue reading
A.M. Look 8/21/15
Stocks… Nasd 100…4265 is the first target. Spu’s…1965-75 is the first buy before you sell level. DAX…led the rally in 2014 and led the down on this break. 10,000 +- a few was the breakout level. This will continue to … Continue reading
A.M. Look 8/17/15
Stocks… MVV…77.95 is the low risk buy level. Only a close below 77.29 (it’s 200 DMA) turns it lower Spu’s…we’re back up at the higher end of the range. 2061 is the lower end of value on the point & … Continue reading
Midday Missive…W/Order update!
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