Tag Archives: SOX

A.M. Look 3/26/15

Stocks… Spu’s..did the first swing and more yesterday all before London closed. 2033 is first support, however if below look for a test of the 200 DMA @ 2006. Nasd 100… 4261-65 is support. This is a cover zone the … Continue reading

A.M. Look 12/11/12

Goog…there are weekly stops under 682 with 678 the first fib support. 665–670 is a higher probability level to look for a bounce. PCLN…619 was last qtr’s close. Below here we’re looking for the low 590’s. AAPL…nothing has changed. Closing … Continue reading

SOX_-_PHLX_Semiconductor_Sector_Daily.gif

Sox is breaking below the 200 day.. 2753 is the 18 day in the Nasd futures.. The first minor fibs come in app 2726

A.M. Look 6/19/12

30 Yr. Bond Futures…look like they need sustained price action 6-8 ticks over last nights highs to start another thrust up. Euro Stoxx…21320 is the 18 day mvg avg and support. 21847 is the 50 day and resistance. DAX….62550 is … Continue reading

Afternoon Comments

BKX…held support @ 48 which matches up with the GS low of 112.77. Both these instruments need all new weakness under these levels for downside. SOX & SMH…both are trying to put in ORH days. JJG…for very long term investors, … Continue reading

A.M. Look 4/2/12

Nasd 100 Futures…a close above 2775 will have us close out our Long QID trade. This can still trade the 2839 Fib level. Spu’s…needs price action & closes back under 1400 to be negative. 30 Yr. Bonds…need some sustained action … Continue reading

A.M. Look 3/27/12

Nasd 100 Futures..In the 3/2/12 A.M. Look we said, “We wouldn’t be surprised to see a 2800 Nasd”. In fact, they look to be on a mission to print 2839, a move 10 years in the making. This is a … Continue reading

A.M. Look 3/21/12

More of the same today…Equities indices remain bid on the breaks, with the Yen crosses continuing to hold technical re-trace levels confirming the directional capital flow has yet to change. CAD/JPY…84.10, AUD/JPY…87.30,EUR/JPY….110.25…price action under these levels would be needed for … Continue reading

The Plungers are taking early control..

SOX…Just put in a potential double top on the weekly charts. Support looks to be around 42300. USD/JPY..has been running the show all morning, after hitting near term Dollar support all the crosses went into retrace mode. AAPL…has completed a … Continue reading

Risk On Nibble…Single stocks

I am going to buy a very small position in OXY since it traded almost to it’s downside tgt. We’ll use a 3 dollar stop (77) 3M has put in a double bottom on the weekly charts.This instrument needs to … Continue reading