Tag Archives: Gold
Midday Missive
The Bond weakness is still not translating into an Equity Index sell off. Both the Spu’s & Nasd are holding. This will be a late day game in the Indices to see if we can get the start of a … Continue reading
A.M. Look 11/20/13
Stocks.. Spu’s…price action under 1782 initially tgt’s 1767-8. SSO…94.20-93.85 is support. A close under 93.40 is needed for a good sell off. Nasd 100…3370 is support. Maintaining under this levels leaves way for another 35 points. Sell stops are under … Continue reading
A.M. Look 11/18/13
Stocks.. Euro Stoxx 50 (DEC)…3176 is qtrly resistance. FXI…needs to sustain over 39.25 to start a new leg up. TM,Ford & COP…are worth keeping an eye on for an early hold. Time to start looking for names that have been … Continue reading
A.M. Look 11/15/13
Stocks.. GOOG…is attempting an ORH week with a close over 1032.40. This pattern tgt’s another 10% higher for GOOGLE to the 1140 area. Bonds 30 yr. Bonds…We’d like to sell a rally into the mid 133’s, however this looks unlikely. … Continue reading
A.M. Look 11/12/13
Stocks.. DXJ…we’ll be looking to add this to our Risk portfolio if we see a close over 48.25 today. Bonds 30 yr. Bonds…although we saw a little rally from the expected bounce area yesterday into last night, it has not … Continue reading
Midday Missive
BAC…by maintaining above 14.25, this is set to run higher. IBM…over 183.80 this has another couple of dollars before any new resistance. PBR…is trying to bottom, Sustaining and closing over 16.55 is needed for confirmation. EWW…Mexico is trying to bottom. … Continue reading
A.M. Look 11/8/13
Stocks.. Nasd 100…shows a head & shoulders top formation on both the daily and weekly chart. 3250’s is the first place to look for a bounce. Recovery and a close over 3358 would have me thinking this was a one … Continue reading
A.M. Look 10/30/13
Stocks.. Bonds 30 yr.…still needs to sustain under 134.26.27 for a point lower. The major qrtrly support and closing downside pivot is 133.12-17. 135.27 is resistance and the upside closing pivot. Above here the Bonds move a point at a time. … Continue reading
A.M. Look 10/28/13
Stocks.. EWW…Mexico finally put in a trad able low on Friday with an ORH day. Friday’s low also put in a double bottom on a weekly chart. Sustaining and closing above 66 targets 67.15-25 followed by 68.75. Meli…as long as … Continue reading
A.M. Look 10/22/13
Stocks.. RIO…by holding a break at 51 with an initial Gold sell off followed by an early hold, this is poised for a test of 55. EWZ…50.48 is the 200 day in Brazil. It’s a must hold level for higher … Continue reading