Tag Archives: Financials
Midday Missive
FB…needs a good close over 120 to extend. AMZN is trading to one mvg avg resistance level, backing off and moving to the next Financials… look at each instrument in its own light. I.E. Raymond James (RFJ) appears to be … Continue reading
A.M. Look 10/10/16
DAX shrugged off bad Deutsche Bank news (which is trading slightly higher) climbing back overt its 50 DMA @10,520. Mexican Peso has rallied close to its 50 DMA @ 188877 USD/MXN and is starting to get overbought. Gold held its … Continue reading
A.M. Look 9/8/16
The Financials on both sides of the pond have been creeping higher. I’ll be monitoring this sector to see how it reacts after the U.S. Opening.
Midday Missive
Euro…Weekly and Fib resistance comes in @ 131.10-15. I know everyone wants to be short the Euro, however it’s still the wrong way on every major currency cross and will remain so going into Month end. Timing will be better … Continue reading
Stocks
Natgas infrastructure names and Tech & Banks are leading. NFLX…197-200 will be pivotal and a big closing level. GOOG…should start doing $40 dollar swings to the upside as long as it maintains over 826. A complete swing will tgt close … Continue reading
Equity Indices…GDX…BAC
Spu’s…1562 +- a couple is the closing qtrly Pivot. Nasd 100…2810 +- a few. GDX…looks like it wants to test the long term stops under 27.15. BAC…needs to close over 12.30 for upside momentum. Once again investors were looking early … Continue reading
Stocks
Natgas infrastructure names and Tech & Banks are leading. NFLX…197-200 will be pivotal and a big closing level. GOOG…should start doing $40 dollar swings to the upside as long as it maintains over. A complete swing will tgt close to924. … Continue reading
GS…XLF
We’ve had a tgt area in Goldman around 140 +-, we’re basically there. XLF…the 2010 high was 17.12 the 2011 high was 17.20 We are mentioning this because the Financials have been on a tear. The percentage moves have … Continue reading
XLF_-_The_Financial_SPDR_Daily.gif
Goldman elected the stops over 104.40-60 15.06 is a potential double top in the financials. Given Spu/Bond Fib resistance reversals are possible. Time Frame Trading the rest of the day
GS_-_Goldman_Sachs_Group_Weekly.gif
Watch this level for tone on the Financials