GOOGL,AFL ,MAT are three of the more interesting names for earnings today. It would take a rare GOOGL miss for a puke after the close in the Indices. The U.S. Indices have done little more than given back the last … Continue reading
Stocks… Spu’s…It would take over 1939-41 for any meaningful short covering. Nasd 100…4268 and 4379 are the resistance levels. Bonds … Bund…(SEPT) 154.30 is today’s resistance. This needs sustained price recovery back over 153.35 to rally anywhere. FX… USD/JPY…119.00-40 is … Continue reading
Stocks… Spu’s & Nasd 100…have filled out their respective point & figure charts. Nasd 100/30 Yr. Bonds….have rallied back to it’s 200 DMA. This will make upside follow through in the Nasd from here arduous. SHCOMP…the powers that be seem … Continue reading
Stocks.. TBT…closing over 76.60 will lead to another leg up. Spu’s…need to sustain above 1762-4 for higher. Spu/Bond…is trading at the level it broke from in 2007, the same level that precipitated the 90 point sell off last month. Bonds … Continue reading