Tag Archives: soxx

The Late Show

TQNT…is attempting an ORH day with a close over 22.58 SOXX… is putting in a Bullish pattern. Today’s ORH # is 87.98. Upside follow through into next week should target 91. TSLA….is attempting an ORH day with a cloud breakout, … Continue reading

A.M. Look 10/21/14

Stocks… Spu’s…1904 the 200DMA was good for a 20 point move off the China PMI data last night. I’m looking for the Indices to rally into tomorrow. Technicians are watching the downtrend line that comes in @ app 1930 to … Continue reading

Post UnEnjoyment Comments

The upside of the dollar looks played out for a bit, at least for the rest of the day Metals had a huge hold. Stock indices look vulnerable…The spu “late day” under 1266 ish is just not price constructive. Conversely, … Continue reading

Unemployment Tomorrow

It’s time for Long Term investors to make a decision. We’ve come a long way in the Soxx & Financials. The Agra stocks like Pot are at nose bleed levels and are ripe for correction. Many instruments such as MCP … Continue reading

SSO,BKX,SOXX,Bonds

We have long exposure to the SOXX and BKX indices. These two sectors still look attractive. The risk for any long Soxx is 55 stop close. BKX ( Philly banking index) the true stop is a 49 stop close. The … Continue reading

A.M. Look 12/2/10

Core positions are presently long TBT,Aussie,Smh or Soxx index,YCS (short yen) and long JJG ( grain etf) Many of you have key long Gold and Silver holdings with a smattering of miners and selected oil stocks. Stay the course. It … Continue reading