Tag Archives: Platinum
A.M. Look 2/25/14
Stocks… Spu/Bonds & Spu’s…did not put in an ORH pattern. Spu’s… need over 1847 for higher, or 1836-37 for a push lower. Nasd 100…(ENQH4) all session put in an ORH pattern yesterday, however the NYSE ( Chicago Pit session) did … Continue reading
Midday Missive
Platinum… is at daily, weekly and monthly resistance. 1428 is the 200 day mvg avg. This is an exit zone or a level for day traders to try a contra trend trade with a couple of dollar stop to see … Continue reading
A.M. Look 2/11/14
Stocks… Nasd 100…3584 is the upside pivot for more strength. A monthly close over 3630 leaves way for a test of 3754. THRX…Theravance Inc put in a bullish ORH pattern Friday and has followed through with a close over it’s … Continue reading
A.M. Look 8/26/13
Stocks.. JJG…looks to test 47.90. Closing over 48.30 will start another leg up. TBT…78.78 is next fib support. The match it up with the 30 yr. levels. EWZ…sustaining and closing over 43.90 resistance, will lead to further gains. IYT…116.00 is … Continue reading
A.M. Look 4/4/13
Spu’s.. call me a reluctant Bear, we have to go 1544 sellers to break. 30 yr Bond…P&F resistance started at 145.22 yesterday which gave us initial price rejection, however we’re only concerned with the bigger macro areas which we laid … Continue reading
A.M. Look 3/5/13
Spu/Bond…is trading once gain at a key mvg avg that broke the Spu’s 40 points the last time it failed at the avg..It’s not an inconsequential level. One again it will act as a big mkt pivot. 30 yr. Bonds…point … Continue reading
A Few Things to Watch
Yesterday we put forward some Oil names and Natgas infrastructure names we like on weakness. The Materials are trying to put in a descent low. Platinum… buy stops are 1630. Copper…is attempting an ORH day, however this needs over 360 close … Continue reading
Risk Indicators…Platinum/Gold Qtrly gif.
This is a Risk Indicator which has been a big mover the first qtr of he past 2 years. We’ll go to the Tattoo parlor and have a reminder put on. Spu’s ..are 1/2 way back on the week. In … Continue reading
Platinum…Risk Indicator?
Platinum has led the entire Risk rally just as it did in the beginning of 2012. Expect some more Dollar strength over the next 30 minutes to an hour. If this price action follows through this afternoon we will be … Continue reading