Tag Archives: Gold
A.M. Look 7/29/14
Stocks… ABX…breaks out to the upside over 18.80. FCX…gains upside momentum over 38.50. MELI…strengthens with a close over 92, which then gives it potential to reach 100. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for … Continue reading
A.M. Look 7/28/14
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
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
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
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 7/22/14 With NFLX Trade Alert!
Stocks… Welcome to the mid-week shuffle. Let instruments you’re interested in set up today before you get involved. Bonds 30 yr. Bonds…could probe as low as 137.22 and hold. FX… EUR/AUD…is attempting an ORL day. Shorts should be defensive back … Continue reading
A.M. Look 7/21/14
Stocks… Nasd 100…could slide back to 3885-90 and be good after Friday’s ORH day. FTSE…is caught between 66653 & 67160. This needs above or below for follow through. NEOG,VIVO,NBIX,THRX,ABBVIE,AGN…are reporting in the biotech world today. NEOG looks to have the … Continue reading
A.M. Look 7/18/14
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
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