Tag Archives: jjg
A.M. Look 6/4/14
Stocks… MMM…141.50 close is support and the risk for new longs. Closing over 143.40 leads to more upside. A close below 141.00 is needed for a correction of a few percent. Bonds Bunds (M)… 146.55 will be resistance and the … 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
JJG…Follow Up
I pulled the trigger on a 5% position going into the CBOT ( CME) pit grain closes. We’ll use 46.95 for a fill price for book keeping Both the Wheat and Corn put in ORH days so it was time … Continue reading
JJG…Trade Alert!
BUY JJG @ the market. This will be a 5% portfolio weighting
A.M. Look 6/6/14
Stocks… Nasd 100…has broken out again on the monthly & qtrly charts. As long as the Nasd 100 holds 3740 it remains a buy. There is a last remaining resistance zone @ 3790-3817. Once above expect a test of 3885. … Continue reading
Equity Indices & Further Comments
Nasd 100…resting sell stops are @ 3714, today’s ORL # 90.81 QQQ Spu’s…resting sell stops are @ 1916, today’s ORL # 192.26 SPY DAX…resting sell stops are @ 98680, today’s ORL # 31.87 EWG VIX…by holding today’s low this could … Continue reading
A.M. Look 6/5/14
Stocks… Spu/Bonds…rallied all the way back to test the April 4 breakdown level almost to the tick, making today’s ECB and tomorrow’s employment data all the more interesting. This is the level that the Spu’s corrected 80 points and the … Continue reading
A.M. Look 6/3/14
Stocks… MVV…(Midcap 400) is the index with a potentially bullish pattern. It will be important to see if this holds up today into Thursday A.M. to see if it is indeed the start of another leg up. Bonds 10 yr. … Continue reading
A.M. Look 6/2/14
Stocks… Nasd 100… 3740.50 is resistance and a potential monthly and qtrly double top #. Price action around this level will run the next swing. We’ve been expecting a 3754 print in the Nasd for a long time. We’ll reevaluate … Continue reading