Tag Archives: NATGAS

A.M. Look 2/21/14

Posted on 02/21/2014

Stocks… Nasd 100…3633 is closing support. NASDAQ leads, this is where all the social enabling and healthcare biotech names are. Spu’s… are once again higher on the week and flirting with unchanged on the year. The later in the day … Continue reading →

A.M. Look 2/18/14

Posted on 02/18/2014

Stocks… Nasd 100…3633 is closing support. EWA…The Aussie shares have been on a tear. 25.18-36 is the closing resistance level. EWA could retest support @ 24.25 the lowest risk buy zone. Maintaining closes over 24.62 (the Monthly ORH#) is key … Continue reading →

A.M. Look 2/7/14

Posted on 02/07/2014

Stocks… Nasd 100…3500 +- a couple is the closing qtrly pivot. EWP…38.67 is the the weekly ORH# for Spain. I need to see a close over 39 to think there is any upside. Bonds… 30 yr. Bonds…132.01 is the weekly … Continue reading →

A.M. Look 1/28/14

Posted on 01/28/2014

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 1/27/14

Posted on 01/27/2014

Stocks… Spu’s…1800 is the qtrly pivot. Short term traders should be using this level for market tone. This is where you look for market follow through to the upside. A lot of technicians were eyeballing the low 1770’s as support. … Continue reading →

A.M. Look 1/23/14

Posted on 01/23/2014

Stocks… DPM…Midstream Partners has some upside potential as long as it holds today above 49.30-40 the 200 day mvg avg. Spu’s…the all session chart shows a possible ORL patten with a close below 1833. Spu’s would need to sustain under … Continue reading →

A.M. Look 1/31/14

Posted on 01/01/2014

Stocks… Spu’s…resting sell stops are below 1760. CAT…has had a huge bounce from last Friday’s plunge to the 200 day mvg avg. This bounce looks completed. 94 is the short term tgt for this bounce. Bonds… 30 yr. Bonds…134.24 is … Continue reading →

A.M. Look 12/26/13

Posted on 12/26/2013

Stocks..   DXJ…this ETF is starting to trade like the UNG ( Natgas ETF) with the price action on Tuesday. Readers know that I’m not a fan of the Natty Etf’s and I’m becoming sanguine about this instrument as well. … Continue reading →

Midday Missive

Posted on 06/27/2013

Natgas…is looking unhealthy. This is attempting an ORL day. What is most bearish about the formation is the sustained price action under the 200 day mvg avg @ 3.656. 3.71 becomes my macro upside pivot. We’re looking for this to … Continue reading →

A.M. Look 6/19/13

Posted on 06/19/2013

Today will not be a day for Amateurs, I’m writing Cash & Futures prices only today. Stocks.. Bonds… The 30 yr. owes me at least one little wiggle up today. Price action over 140.04-06 and it can keep on wiggling! … Continue reading →