Tag Archives: NASDAQ 100 Futures

Gold & XLF

Gold is getting oversold short-term. 1265 will still act as support and a possible bear trap the first time down. The metals are under pressure which is a direct result of higher equity prices. Sell rallies not breaks. ​Gold just … Continue reading

Midday Missive

FB…opened a full dollar shy of the pre market high. Not Bullish! SPU’s…1867.50 is today’s ORL # NASD 100…3545 is today’s ORL # UVXY & VXX…show potential ORH days.

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

Spu’s, Dax, Nasd 100, NFLX,IBB have all hit resistance and their upside closing pivots. This is not the time not the place to press direction in the Indices. Pay attention to the 30 yr. Bonds for their weakness translates into … Continue reading

A.M. Look 4/22/14

Stocks… Nasd 100…3570-78 is the resistance area for this swing. AAPL…as long as 530 holds I’m friendly. 538-539 is first resistance.Earnings are tomorrow and Apple has had a nasty habit of being down after earnings. Weekly options are the way … Continue reading

Shopping List….Dream #’s

Nasd 100..should have a bounce off the 200 day @ 3365 ish. Shorts should be out of the bulk of their position @ this level. This is the spot to be taking off (locking in profits) on 75% of your … Continue reading

A.M. Look 4/11/14

I will be out of office ( out of the country) traveling for meetings through next week. The lack of bandwidth to run my proprietary studies on my sojourn renders my laptop an overweight I Pad. I won’t be writing … Continue reading

Midday Missive

Spu/Bond is trading on it’s 50 day mvg avg again with a potential ORL day. Nasd 100…a close today below 3526.25 puts in an ORL day. If either of these patterns play out, we’re going to break into Monday. Having … Continue reading

A.M. Look 4/10/14

Stocks… DAX…9600 is resistance. the sell stops are @ 9498 today’s ORL#. Then look for a test of 9440. Nasd 100…back under 3576 will propel the Bonds even higher. IWM…under 113.50 would precipitate downside momentum. Bonds 30 Yr. … we … Continue reading

30 Yr. Follow Up!

133.11 Is the Fill price for the 30 yr. Bonds. Looks like I was a little premature on this trade. Hopefully there are still enough people that don’t wish to trade the volatility and would seek some solace in owning … Continue reading