Tag Archives: GDX
A.M. Look 11/21/14
Stocks… DIG…is breaking out to the upside on a weekly chart. As long as this is above 65.50 and closes today over this level I’m bullish, looking for an initial move to 69. MIDCAP…is attempting an ORH week with a … Continue reading
GDX…Trade Alert!
BUY 40 GDX 5 DEC 14 21 Calls I want to get a little upside exposure in the Metals. This is an Opening position. The market is 36 Bid @ 40 Offer. Try to get them mid market or as … Continue reading
A.M. Look 11/10/14
Stocks… Spu’s…need a close under 2020 to see profit taking hit the Equity Indices in the U.S. Nikkei…needs to hold above 16,700 to not go into profit taking mode. Profit taking mode would give a bid to the Yen. DAX…91.83 … Continue reading
A.M. Look 9/12/14…W/ Trade Alerts
Stocks… GS…177.25 was last years close. A close today above 182 puts in an ORH week, targeting 192 short term. Semi Annual resistance starts @ 189. By remaining above 177 GS should retest the 215 level it broke from in … Continue reading
A.M. Look 8/19/14
Stocks… IWM…115.11 is resistance and the upside closing pivot. XOM…98.11 is the 200 DMA. EXXON has been going sideways and holding it’s 200 DMA while the Crude and Brent have been imploding for the past 12 trading days. Of the … Continue reading
Midday Missive
I sold a couple of 30 Yr Futures this A.M. @ 140.00. I still have a resting order at the target to sell more. This is a big macro level. The 30 needs under the hourly support @ 139.10 to … Continue reading
A.M. Look 7/29/14
Stocks… ABX…breaks out to the upside over 18.80. FCX…gains upside momentum over 38.50. MELI…strengthens with a close over 92, which then gives it potential to reach 100. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for … Continue reading
Miners
After a blistering near 27% run since the June unemployment data, GDX looks toppy. A close today under 26.59 would put in an ORL day. The Junior Miners (GDXJ) pattern, while in need of some digestion, looks better than it’s … Continue reading
A.M. Look 7/1/14
Stocks… GS…resting sell stops are @ 166.35. 166.65-78 is 200 DMA & trend support. Nikkei… is attempting to break out on the qtrly charts to the upside. A close over 15,500 is needed for more upside. The low of the … Continue reading
Midday Missive
QID…the order is good on the close, and was intended as a closing order. We’ve been jerked around before late in the day, hence a closing order. It’s pain avoidance day! If you are trying to lead off on being … Continue reading