Tag Archives: KBE
Midday Missive
KBE…banks have been out of favor. Spu/Bonds are making me friendly to the sector. OXY…92.00 is resistance. It is also the confluence of the Golden Cross where the 50 day and the 200 day mvg averages converge. VIX…14.68 is where … Continue reading
A.M. Look 2/4/14
Stocks… Spu’s…can still print into the 1720’s and rebound. Price action early will dictate the day. MSFT…put in an ORL day. Sustained price action and a close below 36.30 will signal a deeper correction. First stop would be a test … Continue reading
A.M. Look 1/28/14
Stocks… Spu’s…I’m looking to buy around 1730 with a very tight stop. Presently, the Spu’s are holding point & figure support @ 1770. Yesterdays low was a normal standard deviation move for the Spu’s of 80 points. I’d like to … Continue reading
A.M. Look 11/28/12
Full Moon Trading with the mid-week shuffle XLF… (Financials) put in an ORL day. Follow through to the downside is needed below 15.60 to trust the pattern. KBE… (Banks) same as above. This needs sustained price action under 23 for … Continue reading