Tag Archives: Gold
A.M. Look 6/3/14
Stocks… MVV…(Midcap 400) is the index with a potentially bullish pattern. It will be important to see if this holds up today into Thursday A.M. to see if it is indeed the start of another leg up. Bonds 10 yr. … Continue reading
A.M. Look 6/2/14
Stocks… Nasd 100… 3740.50 is resistance and a potential monthly and qtrly double top #. Price action around this level will run the next swing. We’ve been expecting a 3754 print in the Nasd for a long time. We’ll reevaluate … Continue reading
A.M. Look 5/30/14
Stocks… Nikkei…14,780 is 200 DMA resistance. Bonds 30 yr. Bonds…I’m looking for a 139.28 print after which it will be no longer profitable from a risk/reward point of view to “buy before you sell” 140.15 is the target for this … Continue reading
A.M. Look 5/28/14
Stocks… Nasd 100…3740.50 is the year high. This is a natural place to look for price rejection, however convincingly closing above this level gives much higher price targets. Nasd would need under 3685 to do any damage to the Bullish … Continue reading
A.M. Look 5/21/14
Stocks… Nasd 100…Point & Figure break out is above 3625. Sustaining above leads to an upside breakout. Bonds 30 yr. Bonds… 136.27 should be monitored for tone on the SPU/BOND spread. FX… EUR/JPY…138.06 is 200 DMA support and is over … Continue reading
A.M. Look 4/12/14
Stocks… KRU…the regional banks look to have bottomed. 82.50 is pivotal. price action over this level could lead to a test of 86. IWM…110.75 is 200 DMA resistance and the upside pivot. GOOG …put in an ORH day. GOOGL…just missed. … Continue reading
Midday Missive
QID…the order is good on the close, and was intended as a closing order. We’ve been jerked around before late in the day, hence a closing order. It’s pain avoidance day! If you are trying to lead off on being … Continue reading
A.M. Look 5/9/14
Stocks… QID…price action and a close over 60.20 is needed for a up. Nasd 100…will need to sustain under 3525 and close below 3505 to show it can break down for another test of the 200 DMA @ 3430. Bonds … Continue reading
A.M. Look 5/8/14
Stocks.. TSLA…176-171 is where to look for a bounce. This is a low risk level to buy before you sell. Visa & IYT…both put in ORH days. An early holed will see more buying. Bonds 30 Yr. Bonds…135.04-134.29 is the … Continue reading
A.M. look 5/7/14
Stocks… TWTR…I have 2 downside targets, 31 and 15. 31 +- a touch needs to hold today going into early tomorrow for a short term hold. A 10% bounce is as much as I’d initially look for off the 31 … Continue reading