Tag Archives: GILD
The late Show with/ Trade Alerts!!!
The selling is not going to abate into the close. We’re down on the month and down on the year in both the Spu’s & Nasdaq. Stick to the stop written in GILD. Sell the QQQ position @ 101 intra … Continue reading
A.M. look 1/28/15
Stocks… UTX…had an impressive rally off yesterday’s low. Look for this to remain firm into month end. EXAS…as long as this is above 26.44 it has much higher targets, into the mid 30’s. REGN…408 is support and the downside momentum … Continue reading
A.M. Look 1/27/15
Stocks… SPU’s… 2043 (50 DMA). This will be pivotal all day. AAPL…reports earnings today. 110 is 50 DMA support. FTSE…6650 is 200 DMA support. Bonds … BUND…157.75-50 is support. FX… EURO…price action over 112.75 will lead to more profit … Continue reading
A.M. Look 1/26/15
Stocks… SPU’s…price action over 2043 (50 DMA) is needed to attract buyers. Nasd 100…gains upside momentum with a close over 4265. AAPL…reports earnings tomorrow. 110 is support. A close under 106 is needed to turn the pattern down. Bonds … … Continue reading
A.M. Look 1/23/15
Stocks… SPU’s…need a close above 2065 to start another leg higher. 2035 is pattern support. The point & figure shows congestion between 2061-2072. Let the market work through this level. It’s not a great spot to initiate new longs. Nasd … Continue reading
Midday Missive
Euro…after failing @ 129.25, is on it’s way to 127.50. All dollar denominated commodities will remain offered except for the meats. USD/JPY…107.25 (93.20’s Futures) is the level you want to buy dollars and sell Yen, if and when it ever … Continue reading
Weekly Options
Are you light in the shorts? Need to have more upside exposure? Here is a partial list of where to start looking. SSO…Sept 14 120 or 120.50 calls QLD…Sept 14 127 calls LNG…Sept.14 85 calls TSLA…Sept.14 270 calls GILD…Sept.14 105 … Continue reading
A.M. Look 7/23/14
Stocks… BIIB…294.45 is 200 DMA and monthly trend support. 302 is the Monthly ORL #, the level that needs to hold for a positive pattern at month end. BA…Boeing reports today. 130.30 is the 200 DMA resistance. This one needs … Continue reading
A.M. Look 4/23/14
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
A.M. Look 4/2/14
Stocks… Spu’s…could trade into the mid to high 1890’s IYT…the long term buy stops are over 136.95. The market should pause @ 137.30-40, however holding above 137 generates much higher targets. NFLX…could easily rally back to 390. XLE…is in rally … Continue reading