Tag Archives: Silver

Precious metals

Posted on 02/14/2014

Gold… 1345 is weekly resistance Silver…22 is weekly resistance AGQ…77.40 is fib and mvg avg resistance. 83 is substantial resistance. GDXJ…42.78 is the weekly break out #. 46.40 is resistance. The metals are not something I wish to chase on … Continue reading →

A.M. Look 2/14/14

Posted on 02/14/2014

Stocks… Nasd 100…3633 is closing support. JPM & COF put in ORH days. The financials are starting to catch a bid. XLF… came close to an ORH day and the chart pattern looks positive. Bonds.. 30 yr. Bonds… are currently … Continue reading →

A.M. Look 2/11/14

Posted on 02/11/2014

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 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 1/27/14

Posted on 01/27/2014

Stocks… Spu’s…1800 is the qtrly pivot. Short term traders should be using this level for market tone. This is where you look for market follow through to the upside. A lot of technicians were eyeballing the low 1770’s as support. … Continue reading →

A.M. Look 1/24/14

Posted on 01/24/2014

Stocks… Spu’s…1800 is the downside support level. Bonds… 30 yr…133.15 is the upper end of our resistance area. TBT…70.40 would be a retest of the ORH qtr from 2013 when interest rates started to rise. This is a support area. … 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 1/8/14

Posted on 01/08/2014

Stocks…   TRIP…TripAdvisoris attempting in an ORH week with a close over 82.90.  The first tgt. is 90.50, last years high. 83.85 is a low risk buy. PG…Proctor & Gamble might not be a momo stock but it doesn’t look … Continue reading →

A.M. Look 1/3/14

Posted on 01/03/2014

Stocks..   BAC…is putting in an ORH week with a close over 15.79. While the pattern looks good I am not a fan of chasing this strength. LNG…as long as this holds above 42.40 close I’m a fan.   Spu’s…a … Continue reading →

Metals Traders

Posted on 12/31/2013

Gold…has put in a potential bottom based off the qtrly charts by retesting 1180, our long time downside tgt. Silver…has not done the same swing but today’s final puke by the Longs before year end has retested last qtr’s low … Continue reading →