Tag Archives: S&P 500 Futures
AM. Look 10/21/13
Stocks.. Spu’s…use 1730 as the near term pivot. Bonds 30 Yr. Bonds…support start @ 133.07-132.28. This would be a good area to buy before you sell. 135.00 is weekly closing resistance. FX… AUD/JPY….stays firm as long as it maintains above … Continue reading
Midday Missive
India ( PIN) & VNM (Vietnam) are both at resistance with Brazil (EWZ) at my first tgt area. Spu’s…it will be a late day game. 1730 is the near term hold and pivot which will run any profit taking. New … Continue reading
A.M. Look 10/17/13
Stocks.. Spu’s…closing above 1725 should give way to 1750. SSO…this ETF looks better from a technical perspective than the underlying Future. As Long as there is no close below 85.27 this should minimally see a new high. Bonds 30 yr. … Continue reading
Midday Missive
We’re looking for low risk names where we can define our risk. IBM…I like last weeks bottoming action. A close over 186.80 is needed to confirm the low and buy the strength. GS…Goldman earnings come out before the opening tomorrow. … Continue reading
A.M. Look 10/16/13
Stocks.. Play in the names that are reporting today if you must trade. Mattel,BAC,American Express,Ebay IBM are some of the bigger names. Spu’s…need under the mid 1680’s to break down. Bonds FX… Commodities… Gold…needs above 1300 to mount a rally. … Continue reading
Late Day Missive
I’m not adding any risk going into the weekend. We’ll stand pat with the Aussie. Futures Traders can play Sunday night. Spu’s & Nasd Futures… holding and breaking out of the opening range to the upside Sunday can be played … Continue reading
A.M. Look 10/11/13
Stocks.. Spu’s…1676 becomes near support. Only price action under 1671 changes the pattern. Maintaining and closing over 1687 will lead to a test of 1705.1692.25 is the weekly ORH # Nasd 100…3251.25 is the weekly ORH# Nikkei…closing and maintaining over … Continue reading
Midday Missive
VIX is coming into support @ 16.90-1700. Spu’s…1676 is a 30 % retrace from this past down move. The S&P 500 needs a close over 1686 to turn up. Those of you who have a long portfolio should consider a … Continue reading
A.M. Look 10/10/13
Stocks.. Spu’s…are trading near resistance. 1665-66. Nasd 100…3175-81 is resistance. Bonds 30 yr…. is trading close to support. Only closing under 131.28 would have me take a second look FX… USD/JPY…98.20 (101.90 ish) is Yen support Commodities… OIL…resting sell stops … Continue reading
Midday Missive
Nasd 100…3100 should bounce the first time down., however the bigger game will be played out @ 3076.50 which is the Monthly ORL#. SPU’s…1530-32 is the Monthly ORL# and the first downside tgt CB…Chubb Ins, a relatively low risk name, … Continue reading