Tag Archives: Yen
A.M. Look 1/9/14
Stocks… Spu’s…closing 2 days higher on the year should set up another 40 point move to the upside. Bonds… Bunds…140.05 is resistance and the upside closing pivot. FX… USD/JPY…is currently caught in the middle. price action under 104.50 … Continue reading
A.M. Look 1/8/14
Stocks… TRIP…TripAdvisoris attempting in an ORH week with a close over 82.90. The first tgt. is 90.50, last years high. 83.85 is a low risk buy. PG…Proctor & Gamble might not be a momo stock but it doesn’t look … 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
A.M. look 1/6/14
Stocks.. GOOG…put in an ORL week. Below 1101 this can pick up some downside momentum. Bonds… 30 Yr. Futures…sell rallies not breaks. There should be small resting buy stops around 129.00 which could lead to another 1/2 point rally. FX… … Continue reading
Midday Missive
30 Yr. Bonds…a close today above 128.25 puts in an ORH day in the Futures. USD/JPY…is attempting an OR Day as well. The Yen is catching a bid as the Yen crosses are being liquidated. Price action below 104.60 USD/JPY…Over … Continue reading
A.M. Look 1/3/14
Stocks.. BAC…is putting in an ORH week with a close over 15.79. While the pattern looks good I am not a fan of chasing this strength. LNG…as long as this holds above 42.40 close I’m a fan. Spu’s…a … Continue reading
A.M. Look 1/31/14
Stocks… Spu’s…resting sell stops are below 1760. CAT…has had a huge bounce from last Friday’s plunge to the 200 day mvg avg. This bounce looks completed. 94 is the short term tgt for this bounce. Bonds… 30 yr. Bonds…134.24 is … Continue reading
A.M. Look 12/30/13
Stocks.. Spu’s…a close below 1800 is needed for any real profit taking to ensue. SSO…98 lines up fairly well with the S&P 500 level. Nasd 100…would need a close below 3485 to do any damage to the uptrend. Nikkei … Continue reading
A.M. Look 12/23/13
Stocks.. APPL…holiday bonus! Apple signed the China Mobile deal last night and is up 20+ dollars. Bonds… 30 yr. (Mar)…we had an order to sell the 30 Yr. Bonds @ 130.08. The high late Friday afternoon was 130.08. It looks … Continue reading