Tag Archives: GOOGL
A.M. Look 10/22/15
Stocks… Bonds … No desire to be short! FX… Commodities… OIL.. 46.30-40 is near term resistance. Closing under 44.97 ( the 50 DMA) will bring out the bears. Gold…I got stopped out at break-even. I remain bearish the metal … Continue reading
Midday Missive
GOOGL…pattern sell stops are @ 673. PCLN…was weak out of the gate and is now trading unchanged on the week. The daily pattern looks very toppy. This could slide to 1288. Spu’s…1979 is the 50 DMA and the first good … Continue reading
A.M. Look 10/12/15
Stocks… Nasd 100…4390 is resistance. Spu’s…we’re stuck. We’ll need to see sustained price action and a close over 2012 to grind higher. Bonds … 30 Yr. Bonds…Price action back above 157.07-13 will have the Bonds going back up. FX… … Continue reading
The Late Show
Longer Term Point & Figure shows you need under last night’s Globex low of 1960.50 for a big break down to occur. Short term P&F resistance is into 1978-79. We’ll have to await the afternoon trade. For further downside I’d … Continue reading
A.M. Look 9/28/15
Stocks… Spu’s…sell stops are @ 1897.25 NASD 100… 4238 (unchanged on the year) “last night’s high” 4180-85 is near support. There is a 10 point wiggle room at this level. Nasd weakens below. GOOGL…put in an ORL day Friday. 621 … Continue reading
A.M. Look 9/25/15
Stocks… Spu’s…1950.25 was last weeks close. Current resistance is into 1952-55 NASD 100… 4238 (unchanged on the year). 4319 is resistance. A close over this level is needed for higher. AAPL…118 is pattern resistance. NKE…is the standout performer this A.M. … Continue reading
A.M. Look 9/24/15
Stocks… Spu’s…we saw a mid week rally to nowhere. Sell rallies. NASD 100… 4238 (unchanged on the year). Closing below would set off another wave of selling before the end of the qtr. DAX…new sell stops are below 9483 which … Continue reading
A.M. Look 9/21/15
Stocks… Nasd 100 (Z)…4371 is the 200 DMA. Nasdaq needs to close over this # to gain upside traction. As long as 4300 holds I’ll be looking for specific names to buy. Spu’s….(Z) 1951 +- a dollar is unchanged for … Continue reading
Midday Missive
BBY…38.88 is the qtrly ORH#. This will act as resistance the first time up. GOOGL…657 is the high qtrly close. All long exposure should be managed against this level on a short term basis. Above/ will keep the board Risk … Continue reading
Midday Missive
Tom Demark was on Bloomberg and announced a sell signal for the markets. It’s a great technical area to buy some portfolio insurance again. Of course there are always a few names bucking the trend however we’re at another mid … Continue reading