Tag Archives: SLB
Value Shopping
The board is about finding definable risk.
Midday Missive…W/ USO Trade Alert!
WFT, SLB, & COP are my favorites today. AUD/JPY should try and print close to it’s 200 DMA with energy & metals strength. DIG…is going to try and trade to 62.40 ish. I’m not backing off my view that Oil … Continue reading
A.M. Look 4/30/15
Stocks… Equities will be all about the sectors and the individual names within. Spu’s…sell stops are below 2090 support. Nikkei…19,400 is a level that needs to hold over the next day or so to prevent a deeper correction. SLB…broke … Continue reading
A.M. Look 4/22/15
Stocks… Nasd 100…put in a new high last night with China strength. A close under 4402.75 is needed to see some cracks develop in the bull thesis. Midcap 400…151170 is mvg avg support. Only sustained price action and a close … Continue reading
A.M. Look 3/19/15
Stocks… Pharma… PFE…put in an ORH day. I like the pattern. If this starts up today it’s a low risk buy for those of you who’d like a tamer healthcare name. ILMN,MRK & SYK…put these in the opening range trading … Continue reading
A.M. Look 2/4/15
Stocks… Spu’s…2041 is 50 DMA resistance and the upside pivot today. 2029 is support. NASD 100…4228 is 50 DMA resistance and the upside pivot today. 4184 is support. SLB…83.80 is support and the low risk buy zone. GOOGL…553 is resistance … Continue reading
The Late Show
IWM,MVV,DIG,XLE,BMY & Nikkei are all attempting daily ORH patterns. SLB led the energy names early. XOM…is looking firm. A close over 93.30 is needed to confirm a tradable low. Line…needs a close over 10.30 to confirm the 9 low. IBM…failed … Continue reading
Midday Missive
IYT…is a low risk buy against today’s low. This needs to maintain and close over 161.44 for higher. APO…Apollo Group is attempting an ORH day with a close over 24.90. FB…stays firm over 77.65 SLB…is trying to bottom. By holding … Continue reading
Midday Missive
Equity/Bond spreads…plain and simple that is the game. Gilts…120.76 is resistance and the closing upside pivot. A couple of closes over this level should lead to a test of the 124.00 handle. Equity Indices from the Dax to the Spu’s … Continue reading
A.M. Look 12/22/14
Stocks… Spu’s…as long as 2060 holds on breaks downside is limited. 2020’s would be a gift to buy Spu going into year end. Nasd 100…4258 is support and the downside pivot. Below you could see a 40-50 point break. … Continue reading