Tag Archives: GLD

A.M. Look 7/30/14

Posted on 07/30/2014

Stocks… Nasd 100…3926 is daily support. Spu’s…holding 1958 keeps this Index on positive footing. A significant violation could see prices go into the low 1930’s. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for confirmation of … Continue reading →

A.M. Look 7/28/14

Posted on 07/28/2014

Stocks… DAX…closes under 9550 are needed for a bigger correction. VIX…12.90-13.00 is 1st resistance, followed by 1360 the 200 DMA. Bonds 30 yr. Bonds…while Bonds put in an imperfect double top on the bar charts (just missing the previous high … Continue reading →

GLD…Stop Adjustment

Posted on 07/24/2014

I’m moving my protective sell stop in the GLD to 123.80 Cancel the original order… SELL GLD   @ 125 Stp Close GTC New order… SELL GLD   @ 123.80 Stp Close GTC While I don’t mind getting taken out of the … Continue reading →

A.M. Look 7/24/14

Posted on 07/24/2014

Stocks… ALXN,BIDU,CAT,CBI,DECK,ECA,PHM,ALK,AAL report today. Bonds 30 yr. Bonds…while Bonds put in an imperfect double top on the bar charts (just missing the previous high by a few ticks) the point & figure shows one. Price action and a close under … Continue reading →

A.M. Look 7/23/14

Posted on 07/23/2014

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 7/18/14

Posted on 07/17/2014

I will be traveling tonight into tomorrow. There will be no further updates this week. That will be me in a seat drinking away my sorrows for screwing up the Vix trade. Such is the nature of trading. Stocks… Spu’s…we … Continue reading →

A.M. Look 7/17/14

Posted on 07/17/2014

Stocks… GOOGL…584.50 mvg avg support needs to hold to avoid lower. Spu’s…1960-2 still needs to hold to avoid lower test of 1952. Nasd 100…3890 is Point & Figure support. Bonds 30 yr. Bonds…holding above 137.15 keeps these firm today. FX… … Continue reading →

A.M. Look 7/16/14

Posted on 07/16/2014

Stocks… BAC…needs a close over 16.20 for a sustained move higher.   AAPL…we’ve raised our stop to break-even. Bonds… 30 yr. Bonds…are stuck. Only a close below 136.10 would lead to a Bond sell off. FX… Euro…a close below 135.30 … Continue reading →

Price Action Equity Indices…GLD Follow Up

Posted on 07/15/2014

Nasd 100…a close today under 3897 puts in an ORL day. 3882 has to bounce pretty hard for the markets to remain firm. GOOG…586.70 is the ORL #. There is a lot of money long equities. This is a game … Continue reading →

GLD…Trade Alert!!

Posted on 07/15/2014

This is about as close as your going to get for a good puke to go long Gold. I like it against the 1287 area in the Futures. ETF traders…124.09 is the GLD 200 DMA. BUY GLD @ the market!