Tag Archives: IBB
A.M. Look 8/24/15
Stocks… Nasd 100…4041.50 is where the next set of macro sell stops reside ( the semi annual ORL#). Nasd now needs to maintain above this level to stabilize. 3810 is my targeted support level without sustained early recovery over 4041. … Continue reading
The Late Show
GOOGL is finally giving it up. 671-73 is today’s support and downside closing pivot. IBB…432 is the 200 DMA. Nasd 100…today’s 200 DMA is 4380, a level that looks to be tested which would give the Nasdaq another 100 point … Continue reading
Midday Missive
Googl & IBB are trying to keep the market from imploding. GOOGL… today’s hold and meltdown level is 680. IBB…today’s hold and meltdown level is 361.50. Yen…confirms a tradable low with a close above 8061 in the Futures. 124.50 USD/JPY. … Continue reading
A.M. Look 8/10/15
Stocks… Nasd 100…4554 is first resistance. Bonds … 30 Yr. Bonds…157.28-30 is initial support. FX… GBP/USD…155.10 is resistance. Below there is room for a move to 153.80 the 200 DMA. AUD/USD…73.32 is support and the downside closing momentum #. NZD/USD…needs … Continue reading
A.M. look 7/31/15
Stocks… Bonds … Bund…153.50 is support. 153.34 is today’s ORL #. FX… Euro…109.90-110.00 is resistance. EUR/JPY…could get pushed toward 137.00 going into the end of trading today. The feature is month end markings …Long Euro/Short commodity currencies Commodities… … Continue reading
Midday Missive
AAPL & IBB look descent against today’s low. Would not risk anymore. I just bought some APPL with a stop @ today’s low… just missed my buy level by 20 cents. Spu’s currently have a double bottom on the point … Continue reading
Midday Missive
The profit taking in the Dollar should continue into London’s close, along with the bottom fishing in the Energy & mining sectors. While I’m not willing to say that’s the low in the sectors, healthcare has seen the biggest profit … Continue reading
Midday Missive
Over the weekend John Paulson announced he was starting a Healthcare fund. Like Krieiger, the former Bankers Trust trader, who made a fortune shorting the Pound in 1992, the follow up trades were less than stellar. Paulson started a Gold … Continue reading
Midday Missive
Bond buying is the theme of the past few hours. It’s pretty evident that the ECB stepped in to generate that type of price action and those types of reversals. No..they don’t have me on speed dial to tell me … Continue reading