Tag Archives: Nikkei
Equities
The market initially shrugged off the data by holding 1760 level Spu. Nikkei… 14,670 high was just over the 200 day mvg avg. Nikkei needs above this level for higher. The rest of the day will be run by the … Continue reading
Midday Missive
Nikkei…13,900 becomes a big longer term hold level. Closes under 13,700 are price negative. Bottom fishers will be better served looking at the Oil patch. CVX,XOM aren’t breaking… COP has potential as long as it remains above 62.50. Spu’s…a rally … Continue reading
A.M. Look 2/3/14
Stocks… Spu’s…resting sell stops are below 1760. Weekly price action over 1787 is needed to think we’ve seen a good low. Nikkei….Needs to close over 15,000 for a couple of days to rally. F….Ford is worth keeping an eye on. … Continue reading
Midday Missive
Markets are following the same script on a daily basis with selling of Equities into London’s close. DAX…9386 is weekly support. Nikkei & Midcap…are working on ORL weeks. 15,390 is the Nikkei # 132370 is the Midcap # GOOG…had a … Continue reading
A.M. Look 1/21/14
Stocks… Spu’s…the long term point & figure shows we still need to sustain higher on the year for new upside tgt’s. EWP…39.76 is support and the downside pivot. BRKA…17,100 is the 200 day mvg avg and support. Nikkei…put in … Continue reading
A.M. look 1/6/14
Stocks.. GOOG…put in an ORL week. Below 1101 this can pick up some downside momentum. Bonds… 30 Yr. Futures…sell rallies not breaks. There should be small resting buy stops around 129.00 which could lead to another 1/2 point rally. FX… … Continue reading
A.M. Look 12/30/13
Stocks.. Spu’s…a close below 1800 is needed for any real profit taking to ensue. SSO…98 lines up fairly well with the S&P 500 level. Nasd 100…would need a close below 3485 to do any damage to the uptrend. Nikkei … Continue reading
A.M. Look 12/27/13
Stocks.. AMZN…looks to have more to go on the upside, possibly as high as 420. This is another momentum instrument that can close on or close to it’s highs for the year. It’s up 25% this qtr alone. Prudence … Continue reading
A.M. Look 12/20/13
Stocks.. Nikkei…as long as there is no close below 15,500 we still have an eventual tgt over 17,000. Spu’s…1812 will act as the upside closing pivot. XLV…Love this with a 54.25 stop. Bonds 30 yr. (Mar)…the Bonds will spend the … Continue reading