Tag Archives: Precious metals

A.M. Look 7/9/14

Posted on 07/09/2014

Stocks… TSLA…209-212 is mvg avg support. LNG…69.50 is mvg avg trend support and the downside pivot. FTSE…is trading around it’s 200 DMA. it’s also trading mildly oversold, which simply means if a bounce in European Bourse starts today, England could … Continue reading →

A.M. Look 3/26/14

Posted on 03/26/2014

Stocks… DAX…needs closes over 9400 for higher. 9400-9380 is now support. EWG…30.12 is a potential weekly double bottom. Closes over 31 are needed for higher. Nasd 100…3655 is today’s resistance and the daily upside pivot. A close over 3694.50 is … Continue reading →

A.M. Look 3/7/14

Posted on 03/07/2014

Stocks… Spu/Bonds are attempting an ORH week. I’ll comment on the pattern near the NYSE opening. Spu’s..1856 is the lowest risk buy level. Nasd 100.. the low 3680’s should hold Bonds.. 30 yr. Bonds (H)…132.21 are where the macro sell … Continue reading →

A.M. Look 2/19/14

Posted on 02/19/2014

Stocks… Nasd 100…3633 is closing support.   Bonds.. 30 yr. Bonds…put in an ORH day with a close over 133.04. This level will remain pivotal going forward. Good above/ negative below. 133.29 is the 200 mvg avg. 2 closes above … 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 1/10/14

Posted on 01/10/2014

I will be out of office next week taking a much needed hiatus.  There will be no updates next week.  I will be going totally off grid. It’s time to recharge. Stocks…  Spu’s…we’ll take a look after the dust settles  … 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 →

A.M. Look 11/25/13

Posted on 11/25/2013

Stocks.. Spu’s…the break and hold has the potential to take us to the original tgt of 1820 SSO…94.90 is support. We’re still looking for a tgt of 102   Bonds 30 yr. Bonds…131.28-132.04 will be pivotal in determining the nest … Continue reading →

Midday Missive

Posted on 11/05/2013

30 yr. Bonds…133.00 +- a couple is the cover zone the first time down for shorts. This is the weekly support level. Closing under this area leads to another swing up in rates (down In Futures). TBT…75.54 looks to match … Continue reading →

Midday Missive

Posted on 10/28/2013

30 Yr. Bonds…a close today over 135.15, today’s “ORH” in the Futures, will run out the shorts into Wednesday’s Fed release. I would view that chart pattern as price positive the precious metals.