Tag Archives: IBB

A.M. Look 2/4/14

Stocks… Spu’s…can still print into the 1720’s and rebound. Price action early will dictate the day. MSFT…put in an ORL day. Sustained price action and a close below 36.30 will signal a deeper correction. First stop would be a test … Continue reading

Smattering of Names…Food For Thought

Here is a group of names that are all trying to bottom. Some have already gone from support to resistance like VLO. These will all be in play after the Fed release if the Equity Indices hold the first break. … Continue reading

Midday Missive

OXY…just double bottomed on a daily chart. This is a great low risk buy with a stop below today’s low. FXI…China either holds right here @ 38.10 or it breaks to 37. EUR/AUD…should continue up moving a figure at a … Continue reading

A.M. Look 12/4/13

Stocks.. IBB…sustaining under 220.60 can lead to a test of the gap up from 214.30.217.40 should elicit a bounce. My buy zone is 214-211 with a tight stop. SPU/BOND…is still maintaining above the 18 day mvg avg @ 13528. Only … Continue reading

Midday Missive with Closing Trade Alerts

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

Midday Missive

30 yr. Bonds…133.00 +- a couple is the cover zone the first time down for shorts. This is the weekly support level. Closing under this area leads to another swing up in rates (down In Futures). TBT…75.54 looks to match … Continue reading

Midday Missive

P…Pandora breaks out to the upside with a close over 25.50. IBB..as long as this maintains a close over 201.30 this will remain one of our favorites. YHOO…Earnings out later today and this looks ripe for higher. DD…a close over … Continue reading

A.M. Look 9/27/13

Stocks.. Spu‘s…1682.50-1683.50 is support and the downside pivot. Nasd 100…needs a close over 3240 for higher. DAX…8665-80 will be the pivot Bonds30 yr. Bonds…132.15 -18 is the support zone.Bund…by holding above 140 this has the potential for another 200 hundred … Continue reading

Midday Missive

The general market tone looks to be “Risk On” going into Month End. IBB is always a favorite and can be bought with a stop below Friday’s close, looking for a rally into the end of the week. OXY…88.80 is … Continue reading

Follow Up TBT…Game Plan

Most of the board is directionally challenged. Simply put a lot of instruments have come a long way and prudent players are pairing back risk in some asset classes going into mid week Fed meeting. There has been a lot … Continue reading