Tag Archives: Spu/Bonds
A.M. Look 6/5/14
Stocks… Spu/Bonds…rallied all the way back to test the April 4 breakdown level almost to the tick, making today’s ECB and tomorrow’s employment data all the more interesting. This is the level that the Spu’s corrected 80 points and the … Continue reading
A.M. Look 5/21/14
Stocks… Nasd 100…Point & Figure break out is above 3625. Sustaining above leads to an upside breakout. Bonds 30 yr. Bonds… 136.27 should be monitored for tone on the SPU/BOND spread. FX… EUR/JPY…138.06 is 200 DMA support and is over … Continue reading
A.M. Look 5/16/14
Stocks… Spu’s…a close under 1854.50 puts in an ORL week. DAX…9600 is today’s support and the closing downside pivot. Below, 9470 ish is the next level to look for a bounce. EWZ…the rally in Brazil looks tired. A close under … Continue reading
Midday Missive
The Italian Bonds have blown off, hence the bounce in the Euro. Spu/Bond…is closing in on the 200 DMA. Do not press shorts in the Equity Indices here, nor chase the Bond rally!!!!
A.M. Look 5/14/14
Stocks… IWM…110.10-50 is support and the no sell zone. This is the area where the shorts can get spit out the first time down. Nasd 100…needs to get under 3597 for any downside to materialize. A close under 3460 is … Continue reading
A.M. look 5/7/14
Stocks… TWTR…I have 2 downside targets, 31 and 15. 31 +- a touch needs to hold today going into early tomorrow for a short term hold. A 10% bounce is as much as I’d initially look for off the 31 … Continue reading
A.M. Look 4/29/14
Stocks… Spu’s… price action over 1870 and closing over 1874 will run out the short sellers. Bonds 30 yr. Bonds… have a double top on the point & Figure charts from Friday. 133.24 is first support. A close below 133.15 … Continue reading
A.M. Look 4/25/14
Stocks… Spu/Bond…spread is breaking down, led by the 30 yr. rally. This is capping the Equity Index rallies. Spu’s…would need to sustain under 1864 to see much selling. Bonds Ten year… TYM…sustained price action over 124 will have investors selling … Continue reading
Gold & XLF
Gold is getting oversold short-term. 1265 will still act as support and a possible bear trap the first time down. The metals are under pressure which is a direct result of higher equity prices. Sell rallies not breaks. ​Gold just … Continue reading
Midday Missive
Spu/Bond is trading on it’s 50 day mvg avg again with a potential ORL day. Nasd 100…a close today below 3526.25 puts in an ORL day. If either of these patterns play out, we’re going to break into Monday. Having … Continue reading