Tag Archives: IBB
Midday Missive
OIL…99.20 is the low risk sell zone with a very tight stop. VIX…13.60 is 200 DMA support. This level seems to be aligning with the first resistance levels mentioned this A.M. in the Indices. IWM…113.70 is 200 DMA. 114.50 is … Continue reading
A.M. Look 8/7/14
Stocks… Spu’s…closing back above 1940 will put the Bulls firmly back in control. 1875 is my buy zone. This is the spot I’m buying the Index to see how big of a bounce I can get. Nasd 100…3850 will be … Continue reading
A.M. look 6/19/14
Stocks… IBB…put in an ORH day. The weekly has room to move toward initial resistance around 260. UNH…had a big hold at the 50 DMA yesterday. Sustained price action and a close over 79.40 will attract buyers for a run … Continue reading
Midday Missive
Pretty much everything just held. Financials have a bid. Momentum names are good for bottom fishing and short term trading. Stick to the Dow names like JNJ,3M,IYT, Cat & IBB for lower volatility investing. GOOGL…this is a buy before you … Continue reading
A.M. Look 5/1/14
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. KRU…82.00-30 is first resistance and the upside pivot. FB…60.50 is near resistance. SMH…just missed putting in an ORH day. As long as this stays above 44.30 I’d give this … Continue reading
Midday Missive
Euro…the resting buy stops are over 138.80, today’s ORH# Gilts…a close today over 110.30 puts in an ORH day. Today’s low is it’s 200 DMA. KBE…a close over 32 will provide short term bottom to trade against. IBB…has held for … Continue reading
A.M. Look 4/29/14
Stocks… Spu’s… price action over 1870 and closing over 1874 will run out the short sellers. Bonds 30 yr. Bonds… have a double top on the point & Figure charts from Friday. 133.24 is first support. A close below 133.15 … Continue reading
Midday Missive
IBB…227.40 will be pivotal for the Nasdaq. Only price action under this level would lead to more Index weakness today. NFLX…357.50 is the hold # for the rest of today. Sustained price action below could lead to a test of … Continue reading
Midday Missive
Spu’s, Dax, Nasd 100, NFLX,IBB have all hit resistance and their upside closing pivots. This is not the time not the place to press direction in the Indices. Pay attention to the 30 yr. Bonds for their weakness translates into … Continue reading
Shopping List….Dream #’s
Nasd 100..should have a bounce off the 200 day @ 3365 ish. Shorts should be out of the bulk of their position @ this level. This is the spot to be taking off (locking in profits) on 75% of your … Continue reading