Tag Archives: XLF
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
A.M. look 1/2/15
Stocks… Spu’s…2054 is the pivot. Below… It can revisit 2022/ Above… Spu’s need a close back over 2067 resistance. IBB…299 is 50 DMA support, a must hold level. Price action back over 306 puts the Bulls back in charge. … Continue reading
Midday Missive
Europe is heading for the exits. Vlad the Impaler is shading enthusiasm for any squeeze up into month end. XLF… is breaking down below 2190. AMZN…the first downside wave count tgt is 302. Nasd 100…3500-11 should give the sell off … 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
A.M. Look 4/1/14
Stocks… Nasd 100…3593 is unchanged on the year. GOOG…1120.70 is the 2013 close. Matched up with yesterday’s close 1114.50,will become the macro pivot. DVN…has had an inside qtr (not going anywhere). Sustained price action above 66.92 could change that. GS…needs … Continue reading
Midday Missive
XLE … resistance is 86.63. New closing strength is needs over 87 for Further upside. XLF…The financials are into resistance. COF …73+ a few looks to be good resistance. GS…still looks positive, but it will struggle to get over 166.25 … Continue reading
Long Exposure Suggestions
XLP…28 Feb 42 calls 14×17 cents XLY…28 Feb 65 calls 54×58 cents XLI…28 Feb 51.50 Calls 31×35 cents XLF…28 Feb 22 calls app .10 cents SSO..28 Feb 103 Calls MVV …I like the 65 strike. Probably have to go to … Continue reading
A.M. Look 2/14/14
Stocks… Nasd 100…3633 is closing support. JPM & COF put in ORH days. The financials are starting to catch a bid. XLF… came close to an ORH day and the chart pattern looks positive. Bonds.. 30 yr. Bonds… are currently … Continue reading
A.M. Look 1/28/14
Stocks… Spu’s…I’m looking to buy around 1730 with a very tight stop. Presently, the Spu’s are holding point & figure support @ 1770. Yesterdays low was a normal standard deviation move for the Spu’s of 80 points. I’d like to … Continue reading