Stocks.. IBM…put in an ORH month with a close over 186.25. Between 180-182 we’ll take a look at buying this. Spu’s…I’m a buyer @ 1810. Near term point & Figure support is 1834. Sustained price action above 1844 is … Continue reading
BAC…by maintaining above 14.25, this is set to run higher. IBM…over 183.80 this has another couple of dollars before any new resistance. PBR…is trying to bottom, Sustaining and closing over 16.55 is needed for confirmation. EWW…Mexico is trying to bottom. … Continue reading
Sell 50% or your long position Market On Close (MOC) Leave the order to sell @ 182.10 alone. It looks like IBM will close on or near the highs of the day. I just want to make sure I get … Continue reading
Stocks.. Bonds 30 yr.…still needs to sustain under 134.26.27 for a point lower. The major qrtrly support and closing downside pivot is 133.12-17. FX… AUD/USD…is weak. Aussie could stop right in here on the Point & Figure chart or go … Continue reading
TBT…BUY @ 70.60 GTC 30 Yr. Sell @ 136.27 GTC Keep your eye on the 30 yr. The high was 3 ticks from the Semi- Annual close @ 135.27 “resistance and the first tgt for this move”. The TBT shows … Continue reading
Stocks.. Spu’s…the first set of sell stops are under 1735. Closing under 1730 will have us looking for a break. Bonds 30 yr…by holding 135 look for the Bonds to move up to test 135.27 next. Bunds…140.87 is the next … Continue reading
NASD 100…resting sell stops are @ 3342 the ORL#. SPU…1735 is the ORL# NFLX…needs to maintain above 336 close to see this as nothing more than a retest after hitting a major upside tgt @ 390. IBM…Raise the trailing stop … Continue reading
Stocks.. RIO…by holding a break at 51 with an initial Gold sell off followed by an early hold, this is poised for a test of 55. EWZ…50.48 is the 200 day in Brazil. It’s a must hold level for higher … Continue reading
Stocks.. Spu’s…use 1730 as the near term pivot. Bonds 30 Yr. Bonds…support start @ 133.07-132.28. This would be a good area to buy before you sell. 135.00 is weekly closing resistance. FX… AUD/JPY….stays firm as long as it maintains above … Continue reading
Stocks… AAPL…529 is the key resistance and the upside closing pivot. NFLX…closing over 331 projects another 20 dollars higher. NFLX is attempting an ORH month as long as it holds 320 on breaks. Nasd 100…is trading @ the 2/3rds of … Continue reading