Tag Archives: MON
Midday Missive
Agri names have caught a bid this A.M. with POT,MON,BG, & AGU at or showing Outside reversal Higher days. In my opinion none of these names are worth the chase without another day or two of price action. There is … Continue reading
Midday Missive
The board is having a small sell-off with record low volatility. Portfolio insurance is historically cheap. Its cheap going through the election. OIL…sustained price action under 46.62 ( today’s ORL#) will keep the entire energy complex at bay. POT & … Continue reading
A.M. Look 8/23/16
Oil..this is back to a tale of two charts. 44.40-60 matrix # lines up with a daily 50 DMA, while a continuation chart shows the 50 DMA @ 45.57. Both levels are bounce zones. DE…Friday’s opening range trade winner needs … Continue reading
Daily Market Intelligence 8/5/16
Daily Market Intelligence 8-5-16
Midday Missive
Resource names are still going. LNG,GLNG,DVN,GPOR & CBI in Natgas Infrastructure. IBB is attempting an ORH day. This sector is not overbought. The risk to own this sector is today’s lows. ILMN,GILD, BIIB,SRPT,ICPT & GSK are attempting ORH days. The … Continue reading
Midday Missive
AAPL…@ 121.88 is trading @ it’s 200 DMA. MSFT…is not breaking. 30 Yr. Bonds…155.15 is the ADC 200 DMA. Further weakness under 155.10 is needed for further Dollar buying. The Bonds will drive the banks and the dollar. MON,MOS & … Continue reading
Midday Missive
MON…a close today over 124.80 puts in an ORH pattern. today’s low of 123.79 is momentum support. I have no desire to chase the Grains or the other Agri names, however this one has potential if the pattern fills out. … Continue reading
Midday Missive
Stocks to watch.. WPRT…21.10 is a low risk buy zone with a 40 cent stop. EA…a Friday close over 23.27 puts in an ORH week. MSFT…short term sell stops are resting under 35.50-25. If elected, this would take you into … Continue reading
Midday Missive
SSO…A close over 97.10 puts in an ORH day SPU …A close over 1801.75 puts in an ORH day Nasd 100…A close over 3488.75 puts in an ORH day . BRKA …is putting in the same type of patten. 173,500 … Continue reading
A.M. Look 10/2/13
Stocks… EWG…needs to maintain and close above 28.03 by the end of the week for higher. EWP…closing and maintaining over 35.50 is the upside breakout for Spain. As long as this ETF holds 34.75 things are looking up. EWZ…47.95 is … Continue reading