Tag Archives: Stock Indices

A.M. Look 5/29/13

Posted on 05/29/2013

30 Yr. Bonds…we’re close enough to our tgt area, trading in the 139’s, to consider taking some profits. The mid 139’s should bounce the first time down.  We remain in sell the rally mode to anything around 142.07 with a … Continue reading →

Midday Missive

Posted on 05/28/2013

The Bonds have broken far enough for today and the TBT has rallied to the resistance level we spoke of 5/23/13. There is absolutely nothing I wish to chase in the Equity Indices of single Stocks. The past two days … Continue reading →

A.M. Look 5/28/13

Posted on 05/28/2013

A couple of closes above 1663.50 S&P 500 Futures, 3023.25 Nasd 100, 14.820 Nikkei are needed for more upside. All the equity indices are now at closing resistance. GOOG…price action over 880 will have managers looking to buy this instrument … Continue reading →

A.M. Look 5/15/13

Posted on 05/15/2013

30 Yr. Bonds…the next set of month sell stops are 142.00 tgting 139, however this instrument is oversold short term with a double bottom @ 143.16 put in overnight. TLT…116.56 is support. Once closing below we‘re looking for 111 Spu’s…need … Continue reading →

30 Yr. Bonds…TBT

Posted on 05/06/2013

Now that the 30 yr. has broken down, confirming it’s ORL patterns, you should be in “sell the rally mode” until we regain today’s high of 147.08. (that would require significant weakness in the Equity Indices ) Short term, there … Continue reading →

A.M. Look 4/24/13

Posted on 04/24/2013

30 yr. Bonds..147.12-15 is support and the downside pivot. Bunds..145.32 is support. Only a close below 144.85 changes the picture. Italian 10 Yr…144.38 +- a few is the hold area. Sell stops rest @ 144.23 with 113.67 being support and … Continue reading →

A.M. Look 3/19/13

Posted on 03/19/2013

Spu’s…these need to go 1554 bid and close over 1563 for higher. Sustaining under 1543 can see a break to test the lows of Sunday night (1529-31). Oil…94.00 +- 10 cents is current resistance and the short term upside pivot … Continue reading →

Equities & Metals

Posted on 03/08/2013

The lows are good in the Indices. All new price action is needed below today’s lows for any Risk Off. BRKA…would need sustained action under 154,683 for lower. GS…151.95 Goog…821.50 is near term support. This level needs to hold on … Continue reading →

A.M. Look 2/20/13

Posted on 02/20/2013

Oil…(H) March expires today. April needs all new price action over 98.15 ish for higher. Buying strength above 97.50 is not recommended. EUR/GBP…87.70 is half way back for the past 6 years. GBP/USD…qtrly sell stops are app 152.30-15. 152.80 is … Continue reading →

A.M. Look 2/19/13

Posted on 02/19/2013

Oil…by maintaining below 95.70 (H) we’re looking for 93. April oil becomes front month tomorrow and the #’s will line up differently. Copper…weekly support comes in between 365-366. 360 is the key monthly level with stops below. Silver…30.66 is mvg … Continue reading →