Stocks.. Spu’s…Sustained Price action above 1778 will be price positive the index. I’m still using December #’s which is basically cash. The March (H) is trading 6.25 points under the December SSO…94.84 is the level matching 1778 December S&P 500 … Continue reading
MVV…Midcap is the value trade. Buy stops are over Friday’s high of 121.25. Investors are rotating into the Midcaps for value opportunities. Capital flow 101…You had the expected income averaging from the Mutual Funds after today’s opening which lasted app … Continue reading
GOOG…remains positive over 1025 with an eventual run just shy of 1100. XOM…95.49 is the qtrly ORH #. This level will run the next swings. Above, we’re looking for this to move to 100. LNG…has been a market stalwart for … Continue reading
We’re looking to increase our Long weighting in the SSO on the close. We’ll be looking to add the DXJ on the close. Here is what looks good right now. GS,GOOG,IBB.XLV,F AAPL…needs a close over 522 for higher. F…Ford closing … Continue reading
Stocks.. SSO…92.30 is support and the closing downside pivot. Spu’s…are presently stuck between 1750 and 1764 Bonds Bund…141.46 is daily support and the short term downside pivot FX… AUD/USD…needs a close over 95.50 for higher. EUR/AUD…weekly sell stops are @ … Continue reading
TBT…BUY @ 70.60 GTC 30 Yr. Sell @ 136.27 GTC Keep your eye on the 30 yr. TheĀ high was 3 ticks from the Semi- Annual close @ 135.27 “resistance and the first tgt for this move”. The TBT shows … Continue reading
Stocks.. Spu’s…the first set of sell stops are under 1735. Closing under 1730 will have us looking for a break. Bonds 30 yr…by holding 135 look for the Bonds to move up to test 135.27 next. Bunds…140.87 is the next … Continue reading
Raise the trailing Goldman Sachs sell stop to 157.90 Close. AUD/USD…97.55 is the 200 day mvg avg and natural resistance. Currencies are rallying on the crosses vs short the Yen. I wouldn’t chase anything. EWW…needs a close over 66.20 to … Continue reading
Stocks.. RIO…by holding a break at 51 with an initial Gold sell off followed by an early hold, this is poised for a test of 55. EWZ…50.48 is the 200 day in Brazil. It’s a must hold level for higher … Continue reading
Stocks.. Spu’s…use 1730 as the near term pivot. Bonds 30 Yr. Bonds…support start @ 133.07-132.28. This would be a good area to buy before you sell. 135.00 is weekly closing resistance. FX… AUD/JPY….stays firm as long as it maintains above … Continue reading