Friday, May 27, 2016

Early Morning Update May 27, 2016.


  1. Trying to bottom out now: GFI and GG
  2. Attempting to hold the 65 day moving average here: JDST
  3. Up against the 65 day moving average: GE
  4. Up against the 28 day: FXI, GPC, IP
  5. Moderately overbought: CSL, CVY, DB, DBC, FEU, GOOG, INTC, JPM
  6. And as is always the case, anything posted here may be way off base.

Thursday, May 26, 2016

Late Day Update May 26, 2016.


  1. Yi: +2.3
  2. Trying to bottom out now: CEF and $SILVER
  3. Moderately oversold: $VIX
  4. Up against the 65 day moving average: CHK, CLF, COPX
  5. Up against the 28 day: B, COH, RTH, $XOI
  6. Moderately overbought: C, CSCO, $DJW, DRI
  7. Toppy here: AIG, ARMH, BAC, CSIQ, IJH, IJR, IYG, IWM, MDY, SMH, $SPX, WFC
  8. And as is always the case, anything posted here may be way off base.

Early Morning Update May 26, 2016.


  1. Yi: +2.2
  2. Trying to bottom out here: AVP, COST, SBUX
  3. Average oversold: CI, CVS
  4. Moderately oversold: ABX, AU, CEF, $DJGSP, DBP, GDX, $GOLD, GFI, $PLAT, $SILVER, $XAU
  5. Attempting to hold the 28 day moving average here: AEM
  6. Now up against the 65 day moving average: AA and AVAV
  7. Now up against the 28 day: EBAY, GE, GF, HD
  8. Moderately overbought: AAPL, AIG, AMCC, ARMH, CSIQ, CSL, EFX, GLW, IJH, IJR, IYG, IWM, MDY
  9. Average overbought: SMH
  10. Anything posted here may be off base of course, depending on market conditions.  

Wednesday, May 25, 2016

Early Morning Update May 25, 2016.


  1. Yi: +1.5
  2. Trying to bottom out here: CHK and GT
  3. Attempting to hold the 65 day moving average: CVGRX
  4. Attempting to hold the 28 day: FB
  5. Up against the 65 day moving average: COH
  6. Anything posted here may be off base, depending on market conditions.

Tuesday, May 24, 2016

Early Morning Update May 24, 2016.


  1. Yi: -0.3
  2. Trying to bottom out here: SPWR
  3. Moderately oversold: BA, FXF, MCD, MSI
  4. Up against the 65 day moving average: ANF, $HGX, HPQ, LEN, TSLA
  5. Up against the 28 day moving average: COH, CREE, XLK
  6. Moderately overbought: CAR, DF, GLW, P, SMH, QCOM, WFM
  7. A bit toppy here: NTES
  8. A break out in either direction is on the way for: COPX, GM, IYE
  9. Anything posted here may be off base of course, depending on market conditions. 

Saturday, May 21, 2016

Weekend Update for May 23, 2016.


  1. Yi: -0.1
  2. A possible bottom here for: QCLN and SHLD
  3. Trying to bottom out now: ATI, AVP, DM, FXF, $FXT, I, LEN
  4. Extremely oversold: SPWR
  5. At the average oversold level: GT
  6. Moderately oversold: ASA, BA, $DJW, $NYA50R, $PLAT, PYPL, SIVR, SLV, WY
  7. Attempting to hold the 65 day moving average here: DYN
  8. Attempting to hold the 28 day: $XAU
  9. Up against the 65 day: RAIL and STX
  10. Moderately overbought now: DRI
  11. At the average overbought level: LOW
  12. A bit toppy here: $GASO
  13. A break out in either direction is in the cards for: CNK
  14. Anything posted here may be off base of course, depending on market conditions.  

Friday, May 20, 2016

Early Morning Update May 20, 2016.


  1. Yi: -0.5
  2. A possible bottom here for: CAKE, JCP, M, SBUX, SHLD, TSLA
  3. Average oversold: ATI and X
  4. Moderately oversold: AU, AXP, CAKE, DIS, DM, GG, HSNI, IP, JNUG, NAT, NUGT, O, PEP, RGLD, WSO
  5. Attempting to hold the 65 DMA here: FB, IJH, IYJ, MDY, NOV, SYY
  6. Attempting to hold the 28 day: ABX, AEM, BMY, EROS, JNJ
  7. Up against the 65 DMA here: AAPL
  8. Moderately overbought now: AA, QCOM, UUP
  9. Toppy: $WTIC
  10. Anything posted here may be off base of course.

Thursday, May 19, 2016

Update for the open, May 19, 2016.


  1. Yi: -0.2
  2. Trying to bottom out here: DB and TSL
  3. Normal oversold: COST
  4. Moderately oversold: EBAY, RTH, SBUX, WFC
  5. Attempting to hold the 65 DMA here: FB, HD, IJR, IWM, MKC
  6. Attempting to hold the 28 DMA: DF and $XAU
  7. Now up against the 65 DMA: XON
  8. Now up against the 28 DMA: ARMH
  9. Moderately overbought: CORN and UGA
  10. Normal overbought: USL and USO
  11. Toppy here: DBC, NEM, NTES, OIL
  12. A possible top here for: PFF
  13. A break out in either direction is in the cards for: CVY, EGPT, EWI, FCX, FNDF, HPQ, NUS, TKR
  14. Anything posted here may be off base depending on market conditions. 

Tuesday, May 17, 2016

Late Night Update May 17, 2016.


  1. Yi: -0.2
  2. A possible bottom here for: RAIL
  3. Trying to bottom out now: $COPPER, CREE, $FXT, SHLD
  4. Moderately oversold: DIS and $UST30Y 
  5. Attempting to hold the 65 DMA here: $PLAT
  6. Attempting to hold the 28 day: $SILVER
  7. Up against the 65 DMA here: GLW, INTC, MTH
  8. Moderately overbought: $UST3M
  9. Average overbought: NTES
  10. Toppy here: Z
  11. A breakout in either direction is in the cards for: AU, CSL, EWA, HPQ, JPM, S, SIVR, SLV
  12. Anything posted here may be off base of course.

Monday, May 16, 2016

Late Night Update May 16, 2016.


  1. Yi: +0.4
  2. Now trying to bottom out: CI, CLF, FXI, NFLX, NOK
  3. At an average oversold level: COST
  4. Moderately oversold here: AA, ATI, B, C, CAKE, CAT, COPX, $DJW, IWM, MOS, QCLN, X
  5. Attempting to hold the 65 DMA here: CVS
  6. Attempting to hold the 28: AXP, CAR, CSL, F, I, IP, MCD, PEP
  7. Moderately overbought here: $GASO and $USD
  8. A break out in either direction is on the way for: GF, GPC, MSI
  9. Anything posted here may be off base of course. 

Friday, May 13, 2016

Late Day Update May 13, 2016.


  1. Yi: -0.2
  2. Trying to bottom out: STX
  3. Average oversold: AAPL, CI, CREE, CTB, JCP, M, NOK, SHLD, SPWR
  4. Moderately oversold: ARMH and VFC
  5. Attempting to hold the 28 DMA here: GG
  6. Now up against the 65 DMA: MSFT and SYMC
  7. Moderately overbought: $CRB, DBC, DF, SMH, $WTIC
  8. Toppy here: MED, MKC, SYY, T
  9. A break out in either direction is on the way for: AXP, $DJGSP, GFI, $HGX, PEG, RGLD, RGR
  10. Anything posted here may be off base. 

Thursday, May 12, 2016

LDU May 12, 2016.


  1. Yi: +0.4
  2. Moderately oversold here: COH
  3. Attempting to hold the 65 DMA: BMY and RTH
  4. Attempting to hold the 28 day: DIS
  5. Up against the 65 day: AMCC and CSIQ
  6. Moderately overbought: AIG
  7. Anything posted here may be off base.

Wednesday, May 11, 2016

LDU May 11, 2016.


  1. Yi: +0.4
  2. Moderately oversold: $COPPER
  3. Attempting to hold the 65 DMA here: $SILVER
  4. Up against the 65 day: AVAV and $SPX
  5. Up against the 28 day: $DJW, FEU, FNDF, GE, $USD
  6. Moderately overbought now: CSL
  7. Toppy here: EFX and EROS
  8. A possible top here for: DYN
  9. Anything posted here may be off base.


Tuesday, May 10, 2016

LDU May 10, 2016.


  1. Yi: +1.0
  2. Now trying to bottom out: CTB, CHK, CLF, CSIQ, FXI, HPQ, TWTR, $UST3M
  3. Moderately oversold: AA, COPX, DM, FCX, $FXT, PTEN, $XOI
  4. Attempting to hold the 65 DMA here: ABX, CEF, DBP, GDX, GG, I, IAU, NEM
  5. Attempting to hold the 28 day: IYE, JNUG, NUGT, PEGI, $XAU
  6. Up against the 65 day: DF
  7. Up against the 28 day: DRI
  8. Moderately overbought: CMG, MKC, O, PG
  9. Toppy here: CVS
  10. Anything posted here may be off base.