Tag Archives: WFC
A.M. Look 3/3/15
Stocks… GOOGL… 554-550 is the low risk buy zone NFLX…shows a potential weekly double bottom @ 470. Below, all the new longs will get run out. PRU & CB… are two financials that put in ORH days yesterday. As long … Continue reading
Midday Missive
Spu/Bonds are attempting an ORH pattern. This is good for the Banks. WFC, C & KBE are attempting the same pattern. March 30 yr. Bonds should have trouble getting much below 145.25. The entire world seems to think they’re getting … Continue reading
A.M. Look 2/23/15
Stocks… Spu’s…2095 will act as support. This level will be pivotal all week. Strong above/Weak below. AAL…gains upside momentum over 51.10. UA…put in ORH day on Friday. Upside follow through should test close to 80. AGIO…price action under 103.50 can … Continue reading
Midday Missive
OIL…remains under pressure. A close today under 74.70 either month is negative. 74.46 is long term mvg avg support. Once below look for a test of the 69-70 decade fib support. This will be a do not sell zone the … Continue reading
A.M. Look 11/18/14
Stocks… DAX…put in an ORH day with a close over 9290. The weekly ORH # is 9400. Closes over 9490 will have European equities take the lead upward. CAT…closed right on it’s ORH # of 101.70. Investors looking at this … Continue reading
A.M. Look 11/18/14
Stocks… DAX…put in an ORH day with a close over 9290. The weekly ORH # is 9400. Closes over 9490 will have European equities take the lead upward. CAT..closed right on it’s ORH # of 101.70. Investors looking at this … Continue reading
Midday Missive
The banks will be a low volatility trade. JPM,C,WFC & BAC are set up for more gains. The risk in the IAT “Regional Bank” trade appears to be limited to about 2%. FEYE…the technical formation is good. By holding above … Continue reading
A.M. Look 9/11/14
Stocks… IAT…a Friday close over 34.01 is an ORH week and should be taken as an upside break out in the regional banks. WFC…needs to sustain above 51.60 to start another bull move. FEYE…needs closes over 36 to extend this … Continue reading
Midday Missive
30 Yr. Bonds… are attempting to top. By remaining under 140.00 they have the potential to break another point. TBT…by maintaining above 56.85 close, TBT can rally to 58 which is the next resistance level. Banks benefiting from the price … Continue reading