Tag Archives: Gold
A.M. Look 3/23/15
Stocks… DAX …remains firm over 11,900. Nikkei…June needs price action under 19,500 to show any signs of profit taking going into the end of the qtr. RIG…needs new price action over 15.40 for higher. TRN…Trinity has had a nice run. … Continue reading
Midday Missive
ZTS…is breaking out to the upside as long as this holds 47.40, look for a run to 49.00. Crude…I wouldn’t chase the rally into today’s highs which is mvg average resistance. DIG & XLE show the same pattern as OIL. … Continue reading
A.M. Look 3/19/15
Stocks… Pharma… PFE…put in an ORH day. I like the pattern. If this starts up today it’s a low risk buy for those of you who’d like a tamer healthcare name. ILMN,MRK & SYK…put these in the opening range trading … Continue reading
A.M. Look 3/6/15
Stocks… Bonds … 30 Yr. Bonds…(M) 161.10 is a descent resistance level for today. BUNDS…(H) Futures expire today. June (M) is front Month. FX… EURO…To elicit any meaningful short covering, you’d need to see price action over last night’s … Continue reading
A.M. Look 3/2/15
Stocks… NXP,FSL & ACT are in the news this A.M. Euro Stoxx 50…would need sustained price action under 3563 for profit taking to ensue. Bonds … 30 Yr. Bonds…(H) needs over 147.27 resistance for higher. FX… DXH5…Dollar Index needs … Continue reading
A.M. Look 2/26/15
Stocks… OXY…as long as this remains above 79.35 close, look for higher prices. CVX…110.00 is resistance and the closing upside pivot. MRO…Marathon is a low volatility name. As long as this remains above 28.40 close the pattern is positive. Closing … Continue reading
A.M. Look 2/23/15
Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. AAL…gains upside momentum over 51.10. UA…put in ORH day on Friday. Upside follow through should test close to 80. AGIO…price action under 103.50 can … Continue reading
A.M. Look 2/19/15
Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Closes over … Continue reading
A.M. Look 2/15/15
Stocks… BDBD…Boulder brands broke out yesterday. Support is 10.74. UA…put in an ORL topping pattern yesterday. 73.65 is initial support. Whether this is just short term profit taking from a big run or something bigger,only time will tell. Bonds … … Continue reading
A.M. Look 2/11/15
Stocks… SPU’s…the mid to high 2060’s will remain resistance and the closing upside pivot. 2039 is 50 DMA support. VIX…14.85-59 is major support. I’m buying the 16 Calls Expiring 2/18/15 if we print into this level. Size matters with this … Continue reading