Tag Archives: SMH
A.M. Look 9/9/15
Stocks… Spu’s…1992 was the Aug high we imploded from. It’s also mvg avg resistance that needs to be closed over for more strength. Nasd 100..4368.25 is that same #, however the mvg avg resistance was 4328. DAX…traded right into resistance. … Continue reading
Midday Missive
SMH…needs closes over 54 to confirm further strength. UNH…release their earnings tomorrow before the bell. Profit taking into the 102 area will provide punters an opportunity to buy cheap upside using the Friday Jan 23 Expiration (weekly). Be patient and … Continue reading
A.M. Look 8/29/14
Stocks… SMH…put in an ORH day. Look for some upside follow through. A close today over 51.17 will put in an ORH Month WDAY…looks like it’s going to try to put in an ORL week, however 85.20-84.77 is major support … Continue reading
Midday Missive
TQNT…is attempting an ORH day. CRM…attempted trend support @ 57.45 and is now looking up. LVS…a close above 68.60 puts in an ORH day. This would be an upside breakout. FEYE…looks to run up to 32.20 SMH…50.72 is support. A … Continue reading
A.M. Look 5/1/14
Stocks… Spu’s…1894 is resistance. Nasd 100…gains upside momentum over 3593 close. KRU…82.00-30 is first resistance and the upside pivot. FB…60.50 is near resistance. SMH…just missed putting in an ORH day. As long as this stays above 44.30 I’d give this … Continue reading
Midday Missive
Europe is heading for the exits. Vlad the Impaler is shading enthusiasm for any squeeze up into month end. XLF… is breaking down below 2190. AMZN…the first downside wave count tgt is 302. Nasd 100…3500-11 should give the sell off … Continue reading
Midday Missive
SMH…index has a double bottom on the daily chart. OIL…97.80-98.00 is resistance with resting buy stops above. 30 yr.… admittedly i’ve been a little out of step with the turns. I like today’s low in the TBT and the high … Continue reading
A.M. Look 10/2/13
Stocks… EWG…needs to maintain and close above 28.03 by the end of the week for higher. EWP…closing and maintaining over 35.50 is the upside breakout for Spain. As long as this ETF holds 34.75 things are looking up. EWZ…47.95 is … Continue reading
A.M. look 8/2/13
Stocks.. Spu’s…the tgt for this short swing has not changed, it’s 1717. Nasd 100… individual names is where to look for opportunity. Before this rally is over a test of 3320 is possible. EWW… Mexico put in an ORH daily … Continue reading
A.M. Look 4/4/13
Spu’s.. call me a reluctant Bear, we have to go 1544 sellers to break. 30 yr Bond…P&F resistance started at 145.22 yesterday which gave us initial price rejection, however we’re only concerned with the bigger macro areas which we laid … Continue reading