Tag Archives: S&P 500 Futures

Midday Missive

Spu’s want to have a look at the 1898.75 sell stops. VIX…24.70 is mvg avg resistance. Bears should let it breathe in here. This flow should continue into London’s close.

A.M. Look 9/24/15

Stocks… Spu’s…we saw a mid week rally to nowhere. Sell rallies. NASD 100… 4238 (unchanged on the year). Closing below would set off another wave of selling before the end of the qtr. DAX…new sell stops are below 9483 which … Continue reading

A.M. Look 9/21/15

Stocks… Nasd 100 (Z)…4371 is the 200 DMA. Nasdaq needs to close over this # to gain upside traction. As long as 4300 holds I’ll be looking for specific names to buy. Spu’s….(Z) 1951 +- a dollar is unchanged for … Continue reading

A.M. Look 9/18/15

Stocks… Nasd 100 (Z)…could not sustain above it’s 200 DMA. Spu’s….(Z) needs a close above 1990 for any upside. A close below 1950 accelerates the down. DAX…needs a close over 10250 for any upside. Sell rallies. Bonds … Bunds…155.50 is … Continue reading

A.M. Look 9/16/17

Stocks… Nasd 100…4387-93 is the 200 DMA depending upon which continuation chart you wish to use. December Futures trade @ about a 10 point discount to September or cash. BUD…119.70 is the 200 DMA. I just sold my longs in … Continue reading

A.M. Look 9/15/15

Stocks… Spu’s…(Z) 1919-22 is support and the closing downside pivot. Short term Spu’s weaken under 1944.  1964 will delineate the upper band today. Do not fade price action above. Nikkei…weakens under 17945 NBIX…seems to have run it’s course on this … Continue reading

A.M. Look 9/11/15

Stocks… Spu’s…1919-22 is support and the closing downside pivot. 1968 will delineate the upper band today. Nasd 100..a close under 4240 is needed for further downside. A close over 4315 is needed to think the downdrafts are at an end. … Continue reading

A.M. Look 9/10/15

Stocks… Spu’s…1919-22 is support and the closing downside pivot. 1968 will delineate the upper band today. Nasd 100..a close under 4240 is needed for further downside. Nikkei…futures expire. December is front month. Bonds … FX… Euro…needs a close over 112.30 … Continue reading

Midday Missive

Tom Demark was on Bloomberg and announced a sell signal for the markets. It’s a great technical area to buy some portfolio insurance again. Of course there are always a few names bucking the trend however we’re at another mid … Continue reading

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