Saturday, January 23, 2010
$TNX
10 yr note at pivotal range and not able to break 4%. Still falling....
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Friday, January 22, 2010
SIRI - closer look 30 min
Look for the gap up to fill for a low of $0.67 and another buying opportunity with a stop below $0.65. This is an easy long setup with 10-15 cents of upside short-term.
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SIRI - update
Did you cash in on the Bull Flag? Here's your second chance @ $0.70
A break of $0.70 may be an opportunity @ $0.66
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Thursday, January 21, 2010
SPX
Trend break and support on 50 day sma @ 1114
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Wednesday, January 20, 2010
$SPX
Uptrend in jeopardy, but still intact. I'm sitting on hands for now. However, if you are bullish and a little nuts a long SPY trade with a stop below 112 would catch the run up to 1250 on the S&P. Otherwise, waiting for trend break to get short.
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MO
Dollar rising and MO falling:
Unexpected and counter to high yielding dividend stock. Could be short term top at 20.64
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GLD
Dollar rising and GLD falling:
As expected
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