Tag Archives: IBM
IBM…Trade Alert!
Time to play the weekly Calls. BUY 100 5 DEC 165 Calls @ .14 cents. This is one of the more beaten up names on the planet. It’s a cheap look for a short squeeze going into options expiration. The … Continue reading
Midday Missive
IWM…120.58 is the all time high. This is a caution zone for Bulls, not a level to keep buying without some more price action. Spu’s…1968-70 is resistance and the upside closing pivot. MSTR…breaks out of it’s consolidation phase with a … Continue reading
A.M. Look 6/20/14
Stocks… IBM…double topped at the 50 day & 50 week mvg avg the first 2 weeks of the month. This one needs some patience for a sign of a good low. It would be a better trade after month end … Continue reading
A.M. Look 6/11/14
Stocks… Spu’s…need new strength over 1954-56 for more upside. 1st support is 1931-34. FB…Needs new closing strength over 66.60 for another move higher. TWTR…34.55 is near support. On the daily chart this looks poised to test the 50 DMA @ … Continue reading
A.M. Look 6/9/14
Stocks… IBM…185 is the 200 DMA support. Bonds Bunds…146.30-40 is resistance. FX… EUR/JPY…price action over 140.25-30 in this cross will keep a firm undertone to the Euro. GBP/USD…167.90 is neutral for the Pound. Good above/Negative below. Commodities… Corn…needs to close … Continue reading
IBM
This is another name that bottomed yesterday. Look for a test of 190.
A.M. Look 3/3/14
Stocks… Nasd 100…look for a test of 3635. Spu’s… staying under 1844-45 is price negative. 1815-18 is the first good buy zone. NFLX…put in an ORL day. 440, 432 are possible bounce levels. PCLN…put in an ORL day. This has … Continue reading
Midday Missive…Spu/Bonds
This spread is attempting an ORH day. This is a bottoming formation. IBM is also putting in an ORH. PCLN jammed the shorts @ the ORL # 30 Yr. Bonds…expect more weakness under 133.16 A completion of this pattern can … Continue reading
IBM
IBM…has finally run the qtrly sell stops below 172.50. The 7 FEB 175 Calls are trading @ 40 cents mid market. This looks to be a cheap way to have some upside into mid-week. This is a trade we caught … Continue reading
A.M. Look 1/22/14
Stocks… PCLN…remains in it’s own insulated world. By maintaining above 1198 close, this has much higher tgt’s. The 1230’s would be a chip shot near term tgt.The monthly chart shows that this momentum name, which doubled last year, can only … Continue reading