Banking stock are leading the market today!

The banking stock are leading the markets higher this morning . As you can see on the chart $JPM is a monster today. Resistance point on jpm for later today will be 42.79$ that will the gap window and then it will be gap fill @ 43.00$ . 

The $SPY will having support at the 142.10$ Level! Than it will be gap fill at 141.35$ .

All right back to trading 

Google, mcd, msft missing earnings a new black Monday will come ?

Good morning traders welcome to our premarket news and views, $goog made a big drop intraday  when earnings released to soon J . Some scalping levels on $goog if the stock will drop again 666$ and 640.80$. $Mcd scalp levels for today are 89.22$ and 88.17$ . Scalp levels for $jpm today on the long side : 42.57$ and 42.38$.

See you all on Monday and have a great weekend . 

Pre-market views apple under presure 18-10-2012

Good Morning traders

Let’s go over some plays for today, the $spy did have 3 straight up days so I am expecting a pause day or a slightly negative day! The dollar is trading in the pre-market slightly higher so if the dollar can get a bit we can see some nice downside in the market! The resistance points on the $spy for today are: 146.52$ and 146.75$ support on the spy will be at 145.64$ and 145.19$.  In the pre-market apple is trading lower some support area’s for this morning : 631.83$ and 623.84$ and gap fill at 621.70$  .

Morning news and views 17-10-2012

Good morning Traders,

Everybody ready for whipsaw Wednesday ? Let’s start with the futures here they are trading flat on the morning session! Stocks that I keep on my watch list today will be:

Intc and Ibm both have earnings so we can see some wild moves there .

Spy : looking to open flat or slightly higher  

resistance points for spy are :

145.89$

gap fill at  146.14$

consolidation area at : 146.74$

Support are's:

144.66$

144.06$

$Google:

Resistance:

751.30$

758$

Support:

727.90 gapp fill

721.85

$bidu:

Resistance:

115.15$

116.60$

Support:

112.28$

110.79$

109.67$

Morning News and views

The futures are trading on the flat line this morning! All eyes are on Greece again so we can some slow action today! I will keep an eye on the $uup index still the leading indicator where the markets will go later today!

$SPY resistance will be at 146.14$,146.74$ and 147.14$, support: 145.08,144.75$,144.40$,143.88$

$XOm resistance points 93.00$ support will be at : 92.04$ with the 200 ma,91.68$ and 91.23$

$AAPl resistance: 652.58$,659.84$ support

Tech is leading the stock market today!

Tech is the main leader today,

Hello guys, here a intraday up day on the stock market! Today we saw some weakness in $goog and $aapl! These 2 stocks are pushing down the markets today, oil stocks are a mix bag and financial are holding the flat line! All right on apple I give out some levels this morning in my blog $ 642 we got a 4 dollar bounce off it so guys keep an eye on the levels I give out here ! Support on $apple will be the 634.70$,633.19$,630.70$. Cvx support levels will be 118.20$ 117.39 resistance 121.40$

Pre market news and views

Pre market views

Good morning traders, Today the futures are trading slightly lower on the $spy, the main reason for this selloff is just the dollar . For today I am expecting a low volume day markets I look for the low in the market between 10.30 and 11.30H. I will keep a close eye on $AAPl the most important stock we saw a nice reversal on apple on Friday ! my big support levels on apple will be 645$,642$ and 639$ .

The greece hope in the stock market!

What a day on Wall street,

The Market jumped higher today after Dragi his comments , the main reason for this event was a drop in the dollar! The dollar gapped lower and sold off for the rest of the day! The daily insp bear flag is not the best pattern anymore if we close on Friday above the 146.30 level I can see a move up to the highs of a few weeks ago! Also what I noticed on the chart was the weakness in apple! Market did have a nice day and apple closed negative! The main market leaders today where the banks $JPM and $GS where the main market leaders! The good thing on today’s action was that we have good scalping action!

All right see you all tomorrow for a new update! Also I give out some scalping levels for the coming day on $SPY,$GS and $AAPL.

Spain Promotes bad banks, Greece is looking for gas

Today was a wild day on Wall Street a lot of whippy action! $HPQ drops 13% I think the low for hpq will be in and we can see a bounce higher in the coming weeks ! Want to go over the daily $SPY still making an insp bear flag I think we can see a drop tomorrow ! I give out some levels on $JPM $SPY $POT all worked out ! so guys you want to get those intraday levels you can follow me on twitter!

Have a great evening and don't forget to subscribe to the following services :
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10 o’clock news saved the markets again

          

What a day on Wall street again we made a low at 10 o’clock today since than the markets are going higher! However jpm starts to roll over ! I We also need to watch the apple chart! The begi thing today on the $SPY will be a close above the 20 ma . If we can close and confirm above the 20 ma I can see a bounce back later this week! However if we close back below the 20 ma I can see some selling tomorrow!  The dollar gapped up today and going sideways for the rest of the day if by change the dollar can pop higher we can see a drop in the $spy.

Today I give out 3 good scalping plays $SPY at 144.21 , jpm at gap fill 40.47$ and $len 34.70 so guys please follow my twitter alerts! You can find me on twitter right here https://twitter.com/The_cube1984!

Upside resistance for ^SPY will be 145.65$ than 146.19$

Will the US stock markets see some selling again ?

Pre Market overview 3-10-2012

Good morning traders, markets are slightly higher on the morning session from the adp numbers. Now the only thing what is going through my mind  will the market sells off like the previous 2 days ? The uup will open slightly higher on the day if the dollar can rally higher this will put some pressure on the markets! Let’s go over some levels here before the markets opens

$SPY:

Resistance:

145.14$

145.65$

Support:

143.50

142.96

$Jpm will open slightly lower on the day watch this stock like a hawk it’s one of the market leaders together with $XOM and $AAPL.

Resistance:

41.25$

41.55$

Support

40.48$

40.17$

39.70$

$AAPl will open on the flat line I will think after the big bounce yesterday on apple we can see a flat day on the stock

Resistance:

668.18 200 ma + pivot

675-677 area

682.00 double top 

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Apple saved the stock market again!

Hello Traders,

Here my daily analysis of the markets today, I am still in the camp that the dollar will get a bit the coming days and go higher! Apple was the mail leader today first off have a lot of pressure on the markets and then it reversed the markets back to the upside together with Google ! In my video I am looking for some scalp levels on $JPM, $AMZN and $SPY.

Have a great evening and don’t forget to subscribe to the following services : 

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Intraday update for 2-10-2012

Intraday update on the markets! First thing I notice here is that JPM, AAPL  and GOOG are weak! We did saw some nice drop on the spy, this is making a micro bull flag on the 10 min chart and a macro bear flag . The only problem with the bull flag is that 2 MA’s are just above! The other thing is the low volume during the midday it’s hard to sell the markets!

My support area for the coming hours on the spy is 143.70$, 143.50$, 142.96.

My support on Google will be 751-750$.

My support on apple will be the 649.50$ 

02-10-2012 Again some EU baillouts! Scalping levels for $SPY, $AAPl, $CVX

Hello Traders,

Another bailout will happen in Spain this give the markets a slight upside to start the day! But how long can the markets be up ? If the $UUp will get a bit the markets will be coming in like we saw yesterday! We will go over some levels for today’s trading ! 

 $SPY:

Will open slightly higher .

Resistance points:

145.65$ double top from yesterday

146.20$ Double top from 25 September

Downside support area’s:

143.50$: double bottom from Friday

142.96 double bottom from Thursday.

$Aapl :

Apple has a nice rebound from the selloff from yesterday.

Resistance area’s:

668.60 50 ma

675.00 200 ma with consolidation area from yesterday

677.00 Double top from yesterday

Support area’s:

650$-648$ in the area apple will find some good support.

CVX:

Resistance area’s:

118.24$ double top from yesterday

118.60$double top area from thursday

Support area’s:

116.56$ gap fill

116.15$ double bottom from Friday

You guys can follow me on twitter/stocktwits for some live updates .

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Presure of Bernanke

Hey traders,

Well what a day on Wallstreet , Markets where opening higher @ 10 o'clock a big buy program came in the markets and than we did have a nice fade for the rest off the day! The main factor for today was the $UUP from 10.00 the uup was going higher this put a lot of presure on the markets. Also what I saw on my charts was the weakniss in AAPL. Its important to have this chart open if aapl is weak the markets will have some trouble to go higher!
For tomorow if the dollar will open higher this will put some more presure on the markets!

Have a great eavening and see you all tomorow for a pre market upfdate!

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1-10-2012 Pre-market views

1-10-2012 Pre Markets Views

Hello Traders,

In the pre market the futures are trading higher on the morning session. Today will be a slow day eveyone is waiting on the Ben Bernanke speech later today! Untill that happens I guess the market will be on float mode! The $UUP will be opening lwer today about 2 penny's on the daily there is an isnp bear flag however if we close on the daily chart above the 20 ma look for a higher move in the coming days!
My $SPY resistance point for today are :

145.00
145.20
145.50

My SPY support area's are:

143.50
142.96

Aaple will open slightly higher with the markets! My resistance on apple will be the 680 to 682 area. Support on apple will be the 660 and 655. area

Allright let's make some money !
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