• $SPY opening pretty much flat, after it's monster run last week. I still think we will reach that 156.45 level, but maybe we will chop for a while. The $NYMO (McClellan Oscillator) is showing itself like I expected. Moving towards the over bought territory, one good market green day at a time as I illustrate here. In

    By |Published On: March 11, 2013|1 min read|
  • $BVSN Hourly Chart - Looking to open above 11 which is Fibonacci Level. If we have any kind of stremgth, watch this pop fast to 11.84 where it should ultimately fail, and drop back to 11 or lower. $CIEN Weekly Chart - Watch for this stock to open under 17.11. I think it is a

    By |Published On: March 11, 2013|2 min read|
  • $SPY ripping after the jobs report came better than expected, putting the rate of unemployment at 7.7%. So far my 156.45 target is within reach, and today's rally will contribute a lot to the $NYMO that should have an explosive push towards the overbought territory. I did read an interesting interview with Nouriel Roubini this

    By |Published On: March 8, 2013|2 min read|
  • $AGNC I am looking to see thi sone briefly re-test the 32.42 Fibonacci level, and then it can take off again. $BBRY I can't take it until it crosses the 13.71 level. $CIEN It had a better entry yesterday, but it still show a lot of potential. $GLUU looks good, but I still thinkit will

    By |Published On: March 8, 2013|1 min read|
  • $SPY popping after initial claims for state unemployment benefits fell 7,000 to a seasonally adjusted 340,000. On other news the Labor Department said that productivity fell at a 1.9 percent annual rate, the weakest pace since the fourth quarter of 2008. And on top of that in Europe, even though they have a 11.6% unemployment

    By |Published On: March 7, 2013|1 min read|
  • $SPY popping after initial claims for state unemployment benefits fell 7,000 to a seasonally adjusted 340,000. On other news the Labor Department said that productivity fell at a 1.9 percent annual rate, the weakest pace since the fourth quarter of 2008. And on top of that in Europe, even though they have a 11.6% unemployment

    By |Published On: March 7, 2013|1 min read|
  • $ARCP Interesting gap, I would like to see it hold the 13.91 fib level before it takes off to new highs. $BBRY If it can reach 13.71, that is where I want to see it pushing through. If it can't take that level, then it will be a short to 12.30. Enough is enough. $CIEN

    By |Published On: March 7, 2013|3 min read|
  • $ARCP Interesting gap, I would like to see it hold the 13.91 fib level before it takes off to new highs. $BBRY If it can reach 13.71, that is where I want to see it pushing through. If it can't take that level, then it will be a short to 12.30. Enough is enough. $CIEN

    By |Published On: March 7, 2013|3 min read|
  • $SPY gaping again today, so far everything looking like we are heading to that 156.45 level I mentioned yesterday. Even the $NYMO McClellan Oscillator have move nicely to the 1/3 position towards overbought, which means that if we have 2 more days like we had yesterday, then we will reach the over that level, and things need

    By |Published On: March 6, 2013|1 min read|
  • $CLDX watch for a break out above 11. $DMND I would like to see this one re-test the lower fib level @ 16.04. At that point and if the $SPY is strong, I think this is a good entry with a target of 17. So a full dollar run. $DYAX as long as it stays

    By |Published On: March 6, 2013|1 min read|