Oil just retraced 50% of the recent swing. You should not be looking for a trade in here. SPU… needs under 1298 for further loses. GOOG…This is the kicker today. You have a weekly double bottom @525.30. 521.18 is the … Continue reading
JJG..45.90-42.50 this is the level for long term traders to scale in. GE….16 AAPL…272-254 SLB…74 ish give or take REE…this should have a bounce from 9.50 TBT…34.25-80 is the first good buy zone for longer time horizon traders. TLT…96.25 is … Continue reading
If we get anywhere near 1334 ish SPH (MARCH S&P) today take off at least 70% of these trades. Then raise your stops to break-even. The Euro hit big support this a.m. @ 138.60 ish. It will now be the … Continue reading
EEM…@ 46.02-14 EWT…@ 14.84 GOOG @ 587 GE… @ 20 APPL…@ 349 ish The above are key hold zones matching the lows today in the Spu.
I am buying a 20% position in the SDS at the market using a 22.20 stop. Sell another 20% piece of REE @ the market. GE is holding up the entire market having elected multi qtr stops over 19.70. GOOG … Continue reading
A close today under 611.20 and the party hats will be put away for a while. This will trigger fund profit taking across the board. Portfolio exposure should be reduced. Goog 611 is a closing # with ramifications across allĀ asset … Continue reading