Tag Archives: Yen

A.M. Look 4/2/14

Posted on 04/02/2014

Stocks… Spu’s…could trade into the mid to high 1890’s IYT…the long term buy stops are over 136.95. The market should pause @ 137.30-40, however holding above 137 generates much higher targets. NFLX…could easily rally back to 390. XLE…is in rally … Continue reading →

A.M. Look 3/31/14

Posted on 03/31/2014

General Comments orValuable Insight There is nothing new to report or do. The Spu’s are up 10 points on the year with the Nasd down 17 points. The Yen is following today’s weakness in the bonds with the Yen crosses … Continue reading →

A.M. Look 3/24/14

Posted on 03/24/2014

Stocks… Spu’s…(M) 1871 will act as resistance. 1857 is the February close, which will act as a short term pivot. Nasd (M)…3691 will be resistance. 3700 is the February close, which will act as a short term pivot. 3615 is … Continue reading →

A.M. Look 3/21/14

Posted on 03/21/2014

Stocks… Spu’s…(M) 1874-5 will act as resistance and the upside pivot. Nasd (M)…3700 +- a couple will be resistance and the upside pivot. APM4…ASX 200 Futures need new closing strength as well as sustain over 5360 to start another rally. … Continue reading →

A.M. Look 3/20/14

Posted on 03/20/2014

Stocks… Spu’s…(H) show a possible head & shoulders top on the daily chart. A close lower on the year ( below 1841) is needed to confirm the pattern. Nasd (H)…3661 is support and the downside pivot. Once below 3610 ( … Continue reading →

A.M. Look 3/18/14

Posted on 03/18/2014

Stocks… Spu/Bonds…have two negative patterns that followed through to the downside, followed by yesterday’s positive formation which is now retesting the breakout. Be very patient to let the board play out today. Bonds 30 Yr. Bonds (H)….135.15 is resistance and … Continue reading →

A.M. Look 3/14/14

Posted on 03/14/2014

Stocks… Nasd 100…(H) 3635 is a potential weekly double bottom with stops below. This is a go or no go area. DB…is working on an ORL qtr with a month end close below 45. DAX…(H) caution back over 9010. Bonds … Continue reading →

A.M. Look 3/7/14

Posted on 03/07/2014

Stocks… Spu/Bonds are attempting an ORH week. I’ll comment on the pattern near the NYSE opening. Spu’s..1856 is the lowest risk buy level. Nasd 100.. the low 3680’s should hold Bonds.. 30 yr. Bonds (H)…132.21 are where the macro sell … Continue reading →

Midday Missive

Posted on 03/06/2014

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 →

A.M. Look 3/4/14

Posted on 03/04/2014

Stocks… Nasd 100…3635 is the ball game for the risk on crowd. Yesterday low was a retest of the monthly ORH pattern.As long as this level holds there is limited downside. GOOG…Held matching yesterday’s low in the NASDAQ 100 Futures. … Continue reading →