Natgas infrastructure names and Tech & Banks are leading. NFLX…197-200 will be pivotal and a big closing level. GOOG…should start doing $40 dollar swings to the upside as long as it maintains over. A complete swing will tgt close to924. … Continue reading
Welcome to unenjoyment…and for your added pleasure USDA Crop Report @ 11:00 CDT. Where’s Beeks when you really need him! AUD/JPY…97.76 is last months high( maintaining above is price positive). This will trade up or down with the Spu’s. EUR/JPY…maintaining … Continue reading
Risk On Crowd… CAD/JPY…as long as this maintains above 91.50 look for the stops to be run above 92.27. This also appears to be the only way to manage a short Yen position with limited risk.. In other words…you have … Continue reading
Spu/Bond…is trading once gain at a key mvg avg that broke the Spu’s 40 points the last time it failed at the avg..It’s not an inconsequential level. One again it will act as a big mkt pivot. 30 yr. Bonds…point … Continue reading
GS…149.17 Spu’s…1500.30 NFLX…174.55 BKX…5451 Here are a few to keep your eye on. These are closing levels and stops will be run under the levels. Recovery over the # sets after the stops have been elected is critical to ascertain … Continue reading
As long as Goldman maintains above 147.50 we’re looking for 162.
We’ve had a tgt area in Goldman around 140 +-, we’re basically there. XLF…the 2010 high was 17.12 the 2011 high was 17.20 We are mentioning this because the Financials have been on a tear. The percentage moves have … Continue reading
GS…117.65 will be the nest technical focal point. Sustaining below this level will have us looking for a 113 print. AAPL…the Nasd 100 is still an AAPL trade. AAPL needs to sustain higher on the day for any type of … Continue reading
Let’s close out the remainder of this spread as best you can. There is still around a buck of premium left. AAPL…stops under 570 GS….119.66 is a key weekly closing level
Financials (BKX) are attempting an ORL day as is GS,JPM,BAC, & C So is OXY in the Oil patch. Pay attention to your holdings! It should be a volatile last 30 minutes.