Tag Archives: Silver
Midday Missive
DD…the bulk of this rally looks over to me. Any longs should lock in their money. Silver…is trading right @ it’s 200 DMA. Price action above 16.12 will lead to another push higher. How much downside we get from here … Continue reading
Midday Missive
It’s all in a name. The indices will be a nightmare to trade. The Nasd 100 will remain firm as long as IBB holds today’s low of 344 which is it’s 200 DMA. BBY…36.05 is the 200 DMA. Closes over … Continue reading
A.M. Look 8/13/15
Stocks… Spu’s & Nasd 100…have filled out their respective point & figure charts. Nasd 100/30 Yr. Bonds….have rallied back to it’s 200 DMA. This will make upside follow through in the Nasd from here arduous. SHCOMP…the powers that be seem … Continue reading
A.M. look 5/14/15
Stocks… Trade the specific stocks like FEYE,GILD,ABBV,BMRN & PBYI which have friendly patterns. VIX…14.12-23 is mvg avg and momentum resistance. Sustained price action over should lead to 14.80. Bonds … Bunds…154.16 is the 200 DMA FX… AUD/USD… I’m looking for … Continue reading
A.M. Look 2/17/15
Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Spu’s..2060 is … Continue reading
A.M. Look 1/22/15
Stocks… MBLY…put in an ORH day. Sustained price action and a close over 40.20 confirms the low. UAL & ALK have the same chart patterns. Both look to go higher into earnings early today, however I think a gap up … Continue reading
A.M. Look 1/21/15
Stocks… SPU’s…2028 is daily resistance and the upside momentum #. Nasd 100… 4182 is daily resistance and the upside momentum #. SNDK…reports today.. There are weekly options available that expire Friday. This stock is oversold so an outright call or … Continue reading
A.M. Look 1/20/15
Stocks… SPU’s…2028 is daily resistance and the upside momentum #. Nasd 100… 4182 is daily resistance and the upside momentum #. Bonds … 30 Yr. Futures…149.00-148.30 is pattern support and the downside momentum level. FX… GBP/USD…the pounds are set … Continue reading
Midday Missive
Silver…17.85 is the next level on the point & figure to stall out. Once above there is not much for another dollar 30 Yr. Bonds…macro sell stops are just below 149.00, today’s ORL #. I got stopped out of the … Continue reading