Tag Archives: MMM
The Late Show
The path of least resistance is up the later in the day it gets. JPM & C are attempting ORH days. GS…is attempting an ORH day. A close over 190.20 would confirm the pattern. KBE… breaks out with a close … Continue reading
A.M. Look 12/19/14
Stocks… Equities have had a massive one way lemming effect trade into this A.M. They need to digest a little before being marked up into Year end again. My favorite names on breaks are UNH,MMM,XLP,BRKA. IWM…is firm over … Continue reading
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
Midday Missive
Pretty much everything just held. Financials have a bid. Momentum names are good for bottom fishing and short term trading. Stick to the Dow names like JNJ,3M,IYT, Cat & IBB for lower volatility investing. GOOGL…this is a buy before you … Continue reading
A.M. Look 4/24/14
Stocks… AAPL….resting buy stops are 575 tgting 584. 532 is support and the low risk buy zone.Those that bought lotto tickets yesterday should take the bulk of the money on the opening. FB…65 is mvg avg resistance.Those that bought lotto … Continue reading
Midday Missive
GS…170.45 is resistance and the upside closing pivot. MMM…is breaking out to the upside. 135 is next. These have march 28 calls available to trade. EWG…31.00 is resistance and the closing upside pivot. The board looks to be a Risk … Continue reading
Smattering of Names…Food For Thought
Here is a group of names that are all trying to bottom. Some have already gone from support to resistance like VLO. These will all be in play after the Fed release if the Equity Indices hold the first break. … Continue reading
Midday Missive
IYT…a close today below 130.40 puts in an ORL day. MMM…a close today below 138.03 puts in an ORL day. GS…our upside tgt from last year was 182. Close enough.. DDD…3D systems, a close today below 94.11 puts in an … Continue reading
A.M. look 12/20/12…W/Trade Alert!
Oil…91.45– 92 is the next significant resistance area. 30 yr. Bonds…we are going to sell the Bonds “which = buying TBT” with a tight stop…at the 147.14-20 level. We want to start small with a 25% position. Euro…held macro pivots … Continue reading
A.M. look 12/10/12
Euro…128.46 followed be 127.50 ish are the relevant support levels. 30 yr. Bonds..we placed orders to sell on Friday @ 152.14-17 (H). Cancel these orders, however we will look to sell them at this level if and when they get … Continue reading