Stocks… Nikkei…14,780 is 200 DMA resistance. Bonds 30 yr. Bonds…I’m looking for a 139.28 print after which it will be no longer profitable from a risk/reward point of view to “buy before you sell” 140.15 is the target for this … Continue reading
Stocks… AAPL…575.13 was last years high. There should be resting buy stops above this level. Bonds 30 yr. Bonds… have a double top on the point & Figure charts from Friday. 134.12 is first support. A close below 133.15 is … Continue reading
Stocks… Spu/Bonds…have two negative patterns that followed through to the downside, followed by yesterday’s positive formation which is now retesting the breakout. Be very patient to let the board play out today. Bonds 30 Yr. Bonds (H)….135.15 is resistance and … Continue reading
Stocks… Spu’s…closing 2 days higher on the year should set up another 40 point move to the upside. Bonds… Bunds…140.05 is resistance and the upside closing pivot. FX… USD/JPY…is currently caught in the middle. price action under 104.50 … Continue reading
Stocks… TRIP…TripAdvisoris attempting in an ORH week with a close over 82.90. The first tgt. is 90.50, last years high. 83.85 is a low risk buy. PG…Proctor & Gamble might not be a momo stock but it doesn’t look … Continue reading
PCLN…a close over 1162 should elect a rally to just over 1200. I looked at the calls and they are pricing in a big rally. At first glance, there does not appear to be a cheap way to buy upside. … Continue reading
Stocks.. Nasd 100…3085 needs to hold on a closing basis. JJG…49.90 is resistance with all new closing strength needed over 50.20 for more up. Bonds… 30 yr.…132.25 is resistance and should reject the first time up. 133.25-30 is the lowest … Continue reading
Stocks.. QQQ…76.05 is a level that can reject the first time up. The longer term upside tgt is 82 as long as 72 holds on breaks. Bonds… 30 yr….135.00 remains resistance and the upside pivot. FX… Euro…needs a close under … Continue reading
The Gilts and the Bunds have been the better performing Bond markets over the past couple of days. This has manifested itself into value traders buying the Dax. Trade location is key. Market participants are using the 8000 level to … Continue reading