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
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
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
Stocks… AAPL…is breaking out to the upside on a qtrly chart above 95.30. I’m looking for another 10-15 % of upside. GPRO…Gopro is consolidating between 40.50 support and 45.25 resistance. These two levels will run the next swing. Spu’s…need a … Continue reading
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
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
Stocks… AAPL,FB Delta report today. GILD…is up a couple of bucks in pre-market. Investors who are long this name should pay for their trades. GDXJ…36.35-50 is resistance and the upside closing pivot. Bonds 30 yr…the current range is 133.18-134.10. Sustained … Continue reading
Stocks… Spu’s…(M) 1871 will act as resistance. 1857 is the February close, which will act as a short term pivot. Nasd (M)…3691 will be resistance. 3700 is the February close, which will act as a short term pivot. 3615 is … Continue reading