Tag Archives: S&P 500 Futures

The Late Show

Spu’s keep holding the 200 DMA on these mid day breaks. Stocks trying to bottom out today. These will take into the close for upside momentum verification. HZNP, CELG,BMY & IBB are all attempting bottoming patterns. NFLX AMZN FB PCLN … Continue reading

A.M. Look 12/8/15

Stocks… CMG…this is where the day traders are playing. 516 83 will be pivotal. Anything into 500 can trap shorts. GOOGL…weakens below 760. AMZN…weakens below 660. Spu’s…weaken under 2064. Nikkei…breaks down under 19,380. December Futures expire Thursday. Bonds… Bund…the Dec … Continue reading

A.M. Look 12/4/15

Stocks… Spu’s…2065.50 is the weekly ORL # and today’s 50 year line. Do not over trade this level. This will be an end of day game to see if the chart patterns can be saved. Nasd 100…4620 is the weekly … Continue reading

A.M. Look 12/3/15

Stocks… Spu’s…will need under 2076 for downside. The upside remains the same. DAX…held it’s 200 DMA on yesterday’s low. Bonds…   FX… Euro…106.20 is resistance. Above, there is not much until 107. With a positive take on easing Euro could … Continue reading

A.M. Look 12/2/15

Stocks… Spu’s…the levels haven’t changed all year. Buy stops are over the Nov. high of 2110.25. 2123 is closing resistance and the upside pivot. Buy breaks in the Spu’s to 2080 with a couple of handle stop. MSFT… has been … Continue reading

A.M. Look 12/1/15

Stocks… The Indices should remain a range bound affair until Thursday. Buy breaks in the Spu’s to 2080 with a couple of handle stop. Bonds… 30 Yr….is caught between 155.24 resistance and 154.00 closing support. I’d be patient for new … Continue reading

A.M. Look 11/30/15

Stocks… DAX…has been running the board since the European open. BUD…sustained price action over 128.35 keeps this firm. Bonds… 30 yr….most systems have been forced rolled to the March (H) contract which trades @ 1-1/2 point discount to the Dec … Continue reading

A.M. Look 11/24/15

Stocks… Spy &  QQQ gave sell signals yesterday. GOOGL & AAPL are stalling out with sell signals. DIS…gave a sell signal yesterday. I should’ve listened to my 12 yr. old review of the last Hunger games installment. She was distressed … Continue reading

A.M. Look 11/23/15

Stocks… Nasd 100…resting sell stops are @ 4652 with a close below 4647 needed for downside to materialize. Spu’s… weaken below 2074.   Bonds … 30 yr….failed shy of my sell level on Friday @ 155.10. 154.01 is mvg avg support. … Continue reading

A.M. Look 11/18/15

Stocks… Spu’s… 2040 is today’s support and downside pivot. 2061 is resistance. A close over 2067 is needed for higher. NFLX…has rallied 18% from Monday’s low. 118.80 is extremely overbought. It’s also a retest of the weekly breakdown # from … Continue reading