Tag Archives: XLV
A.M. Look 3/17/14
Stocks… Nasd 100…(H)…. 3595-3605 is the cover zone for shorts, right into the 50 day mvg avg support zone. Buy stops are @ 3661 with 3675 first resistance. Spu’s…(H) currently need over 1853.00 for a recovery. Spu/Bonds… are currently trading … Continue reading
Midday Missive
30 yr. bonds…133.11 is today’s 200 day daily continuation mvg avg support zone. USD/JPY…102.70 is the weekly ORL # (app 97.37 Futures), today’s opening range. Euro…138.24 is a potential double top. All new price action over this area is needed … Continue reading
Midday Missive
XLV…a close over 59.25 is needed to resume the uptrend IBB…today’s low of 258.78 is now important support to manage risk. Price action over 267 is needed for a continuation of trend. Ag names are on fire with the rally … Continue reading
Pattern Reminder
SPU’s,SSO,Nasd 100,QQQ,QLD,PCLN, ASX 200 Futures,MVV,Midcap 400,XLK,XLV, Are all putting in ORH months. This is a bullish formation. Any one looking to short this formation before Early Monday morning is daft! PG,CB & some of the more mundane names look to … Continue reading
A.M. Look 2/4/14
Stocks… Spu’s…can still print into the 1720’s and rebound. Price action early will dictate the day. MSFT…put in an ORL day. Sustained price action and a close below 36.30 will signal a deeper correction. First stop would be a test … Continue reading
A.M. Look 1/27/14
Stocks… Spu’s…1800 is the qtrly pivot. Short term traders should be using this level for market tone. This is where you look for market follow through to the upside. A lot of technicians were eyeballing the low 1770’s as support. … Continue reading
A.M. Look 1/7/14
Stocks.. XLV,XLF & XLK are three sectors that are holding up. EWG & EWP…are both hanging in from a technical perspective. The risk in Germany (EWG) is a close below 30.50 EWP has to remain above 36.95 close. FXI…35.85 needs … Continue reading
Midday Missive
IYT…a close today below 130.40 puts in an ORL day. MMM…a close today below 138.03 puts in an ORL day. GS…our upside tgt from last year was 182. Close enough.. DDD…3D systems, a close today below 94.11 puts in an … Continue reading
Midday Missive with Closing Trade Alerts
We’re looking to increase our Long weighting in the SSO on the close. We’ll be looking to add the DXJ on the close. Here is what looks good right now. GS,GOOG,IBB.XLV,F AAPL…needs a close over 522 for higher. F…Ford closing … Continue reading
A.M. Look 10/2/13
Stocks… EWG…needs to maintain and close above 28.03 by the end of the week for higher. EWP…closing and maintaining over 35.50 is the upside breakout for Spain. As long as this ETF holds 34.75 things are looking up. EWZ…47.95 is … Continue reading