Tag Archives: IYT
The Late Show
Top of the world. XLF & IYT are trading into their 200DMA’s IYM @ 76.59 is into mvg avg. closing resistance. XLB @ 46.75..same story Biotech, XLK,XHB have room to the upside. ILMN is attempting an ORH week with a … Continue reading
Midday Missive
IYT…today’s low of 140 is the 200DMA AMZN.. GOOGL.. FB… FYI…Bonds are not breaking and I’m not in love with the Indices up here. I just favor a couple of the names.
A.M. Look 3/21/16
Stocks… Spu’s…need to close under 2005 to break down. Nasd 100…last week I was looking for a 70 point rally. This week I’ll need to see a couple of closes over 4415 to maintain upside momentum. Weekly sell … Continue reading
Midday Missive
MMM…above 159.92 close this has 165 written all over it. GOOGL…a close over 769.08 puts in an ORH week. Stick with the market leaders. CCI…Crown Castle is putting in an ORH week as well. IYT…151.00 is the weekly ORH # … Continue reading
A.M. Look 10/6/15
Stocks… Spu’s…1965 is near point & figure support. 1978 fills out the reversal for initial resistance. X…this names has lost 50% of it’s value since mid August. The path of least resistance looks to be up. The risk to own … Continue reading
A.M. Look 9/3/15
After today’s action I’ve now gotten buy signals in the SPC cash Nasd 100 Futures, Russell,Nikkei,FTSE & DAX. Nothing doing yet in the ASX or the Midcap 400. These signals simply tell us it’s time to buy the hard breaks … Continue reading
A.M. Look 5/22/15
Stocks… IYT…this needs a couple of closes below 151.80 to break down. The Long term # is 150.90 the June 2014 close. SHCOMP…with just one week week of correction since the beginning of March, this is still vertical with higher … Continue reading
A.M. Look 5/4/15
Stocks… Nikkei…19,400 will continue to act as support and the closing downside pivot. Nasd 100…needs price action over 4471 to rally. 4430 ‘s is initial support. IYT…had a big Friday rally. I need to see sustained price action over 157 … Continue reading
Midday Missive
IYT…is a low risk buy against today’s low. This needs to maintain and close over 161.44 for higher. APO…Apollo Group is attempting an ORH day with a close over 24.90. FB…stays firm over 77.65 SLB…is trying to bottom. By holding … Continue reading
A.M. look 1/2/15
Stocks… Spu’s…2054 is the pivot. Below… It can revisit 2022/ Above… Spu’s need a close back over 2067 resistance. IBB…299 is 50 DMA support, a must hold level. Price action back over 306 puts the Bulls back in charge. … Continue reading