Weekly Watchlist
AAV; AGU; CME; CRM; CXW, CXW Weekly; DECK, DECK Weekly; DNR; DO, DO Weekly; GMCR; GS; IBM; MCD, MCD Weekly; NFLX; SPG; WYNN;
View ArticleSPY read for the day
Ugly Rising Spatula©. These are numbers to watch on the downside. 136.77=major sup, 136.50=10ema daily, 135.99=50% fib from the 1338 gap~n~go, 135.81=200ema, 134.47=61% fib. Then major support at...
View ArticleSPY Read for the day
Walking into a modest gap up today with the ES up 6+. Came into today with a decent sized position on the SPY at 135.32, peeled 1/3rd off -.02. We are due to bounce today.Yesterdays bloodbath had us...
View ArticleSPY Read for the day
ES down a tad at -2. Expecting a digestion day. Spent some time last night working on SPY numbers. Looks like 140.40 is a rock solid spot to work with. There is a pretty big gap from yesterday which...
View ArticleWeekly Watchlist
Something to get us started. Reminder, I am more than likely out for the day Monday, as I have traffic court at 9am. In a way this is a good thing. Will give me a chance to look at the market on Monday...
View ArticleSPX Read for the week
Well well well. Here we are a nice 9% of the highs, and all the twitteratti and CNBC folk would have you believe we are in a bear market. Folks, we haven’t even tagged the 38% retracememnt of the most...
View ArticleWeekly Watchlist
What I have so far, still working on it. APC; AXP; BXP; CAT; DECK; HD; ICE; LVS; MA;
View ArticleSPX Read for the week
Whole lotta selling been going on for some time now. Market has pretty much followed suit according to script the past month. 1274 is major long term support, and as I have been saying I expect an...
View ArticleSPY Read For The Day
Two huge gap-ups in a row, with yesterdays eventually being faded very hard late in the day. The 200ema at 131.73 stopped the bleeding, now walking into a decent gap down of about 7-8 ES points. Major...
View ArticleSPX Video Read For The Week
“Be prepared for losses. Remain calm when trading. Trust yourself and your tools. Imagine a winning trade. Focus on the trade and not what may happen. See the trade to completion. Focus not on the...
View ArticleWeekly Watchlist
AMZN; FFIV; GS; IPI; KBH;MAKO;NFLX, NFLX Weekly; PCLN, PCLN 3line break;REXX; STEC; SWKS, SWKS Weekly; VECO;
View ArticleSome thoughts on the dollar
One the best tools I have in my arsenal. The numbers are based on the DX futures, so the candles don’t tag them perfect because this is the USD. My favorite charting platform stockcharts.com does not...
View ArticleCELG for the swing
Must say I like this one down here. My long term sup/res # is 61.25 and I have a buy stop order in at 61.26, will buy a dip as well if it comes in some. This is a swing idea. Kirby starts at breaking...
View ArticleSPY Read For The Day
Bazooka, they put something together across the pond. Hmm? did anyone really think the powers that be are gonna let us go back to the stone ages? The ES is up +23. What we need to see is it hold and...
View ArticleSPY Read for the day
Walking into a -10 handle ES gap down. Negating yesterdays end of day rally into the close. The low was 133.38. We are trading near that level now. The gap to fill is at 132.79 which also happens to be...
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