Tag Archives: Gold
A.M. Look 1/26/16
Stocks… VISA Mastercard Capitol One…needs to hold the 58 level. American Express…this could be the value trade vs. the other credit card issuers since it’s already had a big sell off on earnings into multi year fib support. Bonds… 30 … Continue reading
A.M. Look 1/12/15
Stocks… Spu’s… Nasd 100.. AAPL… The Indices and AAPL are flashing oversold and trying to turn up for a mid week bounce. I’m not reading anymore into it than it’s attempting an oversold bounce into Options expiration Friday. Last night’s … Continue reading
A.M. Look 1/8/16
Stocks… Spu’s…near term sell stops are under yesterday’s last night’s low of 1928.50. Nasd 100…4265-75 is the next oversold bounce level. XLE…54.26 is the 2011 low. Ultimate fib support is closer to 50. XOM…the pattern is hardly an advertisement to … Continue reading
A.M. Look 1/7/15
Stocks… Spu’s…1933 is as good a # as any for a short term bounce. Nasd 100…4265-75 is the next oversold bounce level. AAPL…94.77 is semi-annual trend with macro stops below 92. XLE…54.26 is the 2011 low. Ultimate fib support is … Continue reading
A.M. Look 1/6/16
Stocks… Spu’s…below 1980, 1961-3 is the next extreme. It’s a cover zone that should bounce the first time down. AAPL…94.77 is semi-annual trend with macro stops below 92. @ 40% off last year’s high it’s a good place to look … Continue reading
A.M. Look 1/5/15
Stocks… Spu’s…1990-92 needs to hold on the P&F for another bounce. Closing under 1980 leaves way for a much bigger correction as laid out in the qtrly update. Nasd 100… 4550-75 is resistance. Bonds… 30 Yr. …bonds can lose steam … Continue reading
Rates & Metals
Just a couple of things to ponder over some holiday cheer. The Five year Bonds have been the weakest part of the curve. The 10’s & 30’s do not show this level of weakness. Both still have long term pattern … Continue reading
A.M. Look 12/28/15
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading
A.M. Look 12/21/15
Stocks… Spu’s…2031-34 is resistance. A close under 1984 is needed for lower. Nasd 100…4577-80 is resistance with price action and a close over 4605 needed for higher Bonds… 30 Yr. Bonds…156.00-.02 is support and the downside pivot. 157.24 starts … Continue reading