Tag Archives: IBB
Midday Missive
Equity/Bond spread keeps on going led by the treasuries. I’m not looking for much of any trade in the Indices, although I’d imagine the Bears will come out of hiding today to give it a go after London’s close. This … Continue reading
The Late Show
Top of the world. XLF & IYT are trading into their 200DMA’s IYM @ 76.59 is into mvg avg. closing resistance. XLB @ 46.75..same story Biotech, XLK,XHB have room to the upside. ILMN is attempting an ORH week with a … Continue reading
The Late Show
Oil…44.00 +- a few ticks is the next matrix level. CVX…102.46 is today’s ORL#. Today’s high @ 105 represents a weekly double top. The profit taking in the energy complex has not run it’s course. Oil is completing the ORL … Continue reading
Daily Market Intelligence 7/7/16
Daily Market Intelligence 7-7-16
Daily Market Intelligence 7/1/16
Daily Market Intelligence 7-1-16
Daily Market Intelligence 6/7/16
Daily Market Intelligence 6-7-16
Pharma
We’ll dig a little deeper tonight and post them in the A.M.
Midday Missive
Resource names are still going. LNG,GLNG,DVN,GPOR & CBI in Natgas Infrastructure. IBB is attempting an ORH day. This sector is not overbought. The risk to own this sector is today’s lows. ILMN,GILD, BIIB,SRPT,ICPT & GSK are attempting ORH days. The … Continue reading
A.M. Look 12/17/15
Stocks… Spy…breaks out on a weekly above 209.25 close. BUD…127.50-90 is resistance. Closes over this area is needed for more strength into year end. FB…106.91 is this week’s ORH # NFLX…sustaining above 122.50 leaves way for 124.35, the next momentum … Continue reading
A.M. Look 12/16/15
Stocks… Spu’s…are unchanged on the year. 2069 is closing resistance and the next upside momentum #. SPY…207.30 is resistance. 203 would be a low risk buy. DAX…10,580 is resistance and the closing upside pivot.IBB…needs a sustained price action and a … Continue reading