BHP…can be bought with a 64.90 intra day stop. If this levels holds it will attempt a run to the 200 day mvg avg @65.95, a key closing level for more upside. IBB…breaks out to the upside with a close … Continue reading
Stocks… Spu/Bonds & Spu’s…did not put in an ORH pattern. Spu’s… need over 1847 for higher, or 1836-37 for a push lower. Nasd 100…(ENQH4) all session put in an ORH pattern yesterday, however the NYSE ( Chicago Pit session) did … Continue reading
UNH…United Healthcare is a cheap look against today’s low. This is good as long as there is no close below 72.30. Options traders should be eyeballing the Jan 31 74 calls if you can get them on a break around … Continue reading
Spu’s…sell stops are @ 1755.75 today’s ORL#. The weekly # is 1747. There is presently a double top on the point & figure EURO…the low is in for a while. 132.90 is the 50% retrace for the past two years. … Continue reading
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
UNH…United Health care remains firm over 72.60 with a 77 tgt. BHP…as long as this stays above 63.50 on a closing basis this has the potential to reach 68. AAPL…expect a test of the 200 day mvg avg @ 475.35. … Continue reading