Stick to the names and sectors that have been leading. IBB & XLV are the sector ETF’s that look good. GOOGL…breaks out to the upside with a close over 591. This will propel the the Indices higher. Some of the … Continue reading
Here are a few names to look at. EEM…Emerging markets show a blow off low last week. I’d still rather look for U.S. names than roll the dice overseas. NYCB…is interesting simply because it put in a new low and … Continue reading
Hal…Halliburton is looking up. The real stop on this stock is 39.50, however we think you can manage a long against 41.60. This is trying to break out on a monthly chart by remaining over 42. SLB…This is good as … Continue reading
We have many similar chart patterns forming. Here are some names that are looking good to us. Those wishing to increase Risk can review some of these names w/the commensurate stops. FFIV …Five networks with a stop against today’s low SMH….Semiconductor Etf..stop … Continue reading
ORH…Outside Reversal Higher…price positive pattern SLB…71.45 BTU…37.55 HAL…36.71..(shows a double top and a double bottom on the weekly…whichever way it breaks out) Euro…128.81 EUR/JPY…98.85 TBT…19.28 ORL…Outside Reversal Lower…price negative pattern 30 yr…. 142.01 Bund…138.43 TLT….117.68 ( this has a weekly … Continue reading
A lot of names look great. Since I am not a fan of chasing with the horde, you have to look at the ones that have not had as big of a run. SLB,HAL & BTU in the Energy and Services … Continue reading
JJG..45.90-42.50 this is the level for long term traders to scale in. GE….16 AAPL…272-254 SLB…74 ish give or take REE…this should have a bounce from 9.50 TBT…34.25-80 is the first good buy zone for longer time horizon traders. TLT…96.25 is … Continue reading