SMH…needs closes over 54 to confirm further strength. UNH…release their earnings tomorrow before the bell. Profit taking into the 102 area will provide punters an opportunity to buy cheap upside using the Friday Jan 23 Expiration (weekly). Be patient and … Continue reading
Stocks… Spu’s….1810 is support and closing below 1800 leaves way for a test of 1725-30. Nasd 100…3700 is support and the closing downside pivot for another 150-200 points. Minimally, this has to gain traction back over the 200 DMA @ … Continue reading
Stocks… GOOGL…560 is trend support. NFLX…461 is trend support. A close below 454 is needed for a deeper correction. Bonds … 30 yr. Bonds…(Z) 138.30 is key resistance and the low risk sell zone. FX… EUR/AUD…hit resistance last night and … Continue reading
AAPL…96 is resistance NFLX…445 is resistance and the upside closing pivot. LCQ…Cattle is attempting an ORL day. 155.75 is mvg avg support. Weekly sell stops are @ 155.30 tgting 153.40. In short, the Spu/Bond Spread has yet to bottom. I’m … Continue reading
Stocks… Welcome to the mid-week shuffle. Let instruments you’re interested in set up today before you get involved. Bonds 30 yr. Bonds…could probe as low as 137.22 and hold. FX… EUR/AUD…is attempting an ORL day. Shorts should be defensive back … Continue reading
We’re off to a the races with managers buying upside into earnings season. TSLA & SCTY …are attempting ORH days…Everything Elon Musk NFLX…The 25 July 500 calls have doubled this A.M. to around $5.30 cents. The 500 strike is achievable … Continue reading
Goldman,NFLX,PCLN & GOOGL are all coming into support matching the 1954 level in the Spu’s. DAX has reached weekly support, although the daily maps show another 50 points is possible. AAPL…would need a close under 94.10 for the world to … Continue reading
30 Yr. Bonds…136.15 to just shy of 137.00 is resistance and the upside closing pivot for another 4 Bond points. 10 Yr. Bonds…125.10-12 is resistance and the closing upside pivot for another full point. (Lower Rates). Gilts…is attempting an ORH … Continue reading
NFLX… is attempting an ORH day to the upside with a close over 328. This is a buy before you sell against 320 for a possible low. GOOGL…this is a buy before you sell with a tight stop against 518. … Continue reading
Stocks… TWTR…I have 2 downside targets, 31 and 15. 31 +- a touch needs to hold today going into early tomorrow for a short term hold. A 10% bounce is as much as I’d initially look for off the 31 … Continue reading