Tag Archives: tbt
A.M. Look 6/20/14
Stocks… IBM…double topped at the 50 day & 50 week mvg avg the first 2 weeks of the month. This one needs some patience for a sign of a good low. It would be a better trade after month end … Continue reading
TBT & TLT
So you want to play the Fed announcement?Lucky you, there are Friday options expiry in the TBT and the TLT. They are the June 2014 options which go off Friday at the close. This idea is for those in front … Continue reading
A.M. Look 6/11/14
Stocks… Spu’s…need new strength over 1954-56 for more upside. 1st support is 1931-34. FB…Needs new closing strength over 66.60 for another move higher. TWTR…34.55 is near support. On the daily chart this looks poised to test the 50 DMA @ … Continue reading
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 6/3/14
Stocks… MVV…(Midcap 400) is the index with a potentially bullish pattern. It will be important to see if this holds up today into Thursday A.M. to see if it is indeed the start of another leg up. Bonds 10 yr. … Continue reading
A.M. Look 6/2/14
Stocks… Nasd 100… 3740.50 is resistance and a potential monthly and qtrly double top #. Price action around this level will run the next swing. We’ve been expecting a 3754 print in the Nasd for a long time. We’ll reevaluate … Continue reading
A.M. Look 5/30/14
Stocks… Nikkei…14,780 is 200 DMA resistance. Bonds 30 yr. Bonds…I’m looking for a 139.28 print after which it will be no longer profitable from a risk/reward point of view to “buy before you sell” 140.15 is the target for this … Continue reading
A.M. Look 5/20/14
Stocks… Nasd 100…Point & Figure break out is above 3625. Sustaining above 3625 could get you another 50 points. IWM…is at a major inflection level after a 2 day rally into major mvg avg resistance. A close over 111.25 is … Continue reading
A.M. Look 4/21/14
Stocks… NFLX…A close above 353 is needed for more upside. JPM…55.55 is resistance and the upside pivot. Watch for market tone in the financials. It’s short-term oversold. Midcap 400 ( MVV)….are into resistance. Bonds 30 yr….133.16-18 will be pivotal. TBT…66.24 … Continue reading
A.M. Look 3/5/14
Stocks… IYT…134.58 is resistance and the upside closing pivot. QCOM…sustained price action and a close over 76.75 is needed for a move to 83. DIS…81.59 will be pivotal the rest of the week. LNG…50.69 will be pivotal the rest of … Continue reading