Rocketman

Rocketman

The economic data for the Australian economic for unemployment, I believe, shall be bullish today at 7:30pm EST (January 13, 2016); and that supports a temporary upward bias in the AUDUSD. My hope is that the market gives support the push up in AUDUSD. This will enable me the opportunity to short it later in harmony with my notes on the chart; as this market...

Rocketman

Watching the price action of gold to get clues for AUDUSD. In this current market, a movement in gold has tended to precedes a movement in AUDUSD pair. On top of this, the economic data for the Australian economic for unemployment, I believe, shall be bullish; and that supports a short-term upward bias as well in AUD. Thus, here is what the market gives us to...

Rocketman

A raising of rates will create a credit crush and will effect JPM's earnings. If consumers can foot the bill, then JPM will be spared. For now, I have to wait and see how the detoxification of JPM's steroid binge on low rates will effect earnings coming out next week. Another round of low earnings could spell trouble for this giant. And if it gaps down, then...

Rocketman

The monthly target for Coca-Cola (KO) stock is 35.03 to 34.32 area; but the penguin likes 28.84. Maybe KO's February earnings catalyst will invalidate this pattern. Also, I dare not short it because of the price action going down.

Rocketman

Key levels for USDJPY on a cycle basis are 114.09 and 106.52. See notes on "Wave Analysis of the Japanese Yen."

Rocketman

What? ... nobody wants Coca-cola?

Rocketman

Target reached.. just wanted to post my thought for future reference.

Rocketman Updated 

Taking a stab at buying ORCL based on a daily and weekly chart. Ultimate target is $40. I am hoping this 15 minute chart will move in that direction.

Rocketman

The dollar seemed quite overcrowded or overbought right now. I did not expect this EURUSD position to trigger, but it did. So, I am long EURUSD, going after target#2.

Rocketman

Waiting for Apple to Fall from the Tree. It pays a nice dividend, but I don't want to pay a higher price than the $61 to $86 range for it. Even at $86, I won't buy as much as I would like to buy. $61 is more ideal for me. This may change as the market changes.

Rocketman

IF support is broken, then my aim to buy NetFlix around $78.60 AND $55.59. I don't want to short it. I prefer to trade currencies while waiting for this mid-term set up to occur, if it EVER does.

Rocketman Updated 

USDJPY technical fundamental trade...

Rocketman Updated 

This is just the weekly view of previously posted charts.

Rocketman Updated 

Technical Trade using Advance Strategies. If EURCAD does not fall to my entry level, but goes up to 1.4444, then I will await a pullback to 1.42764 and enter the trade.

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Technical trade... I am not sure it will reach my target, but I just wanted to put this update on GBPAUD up.

Rocketman Updated 

Many think the economy will crash for some od reason or another, but given the recent catalysts for JetBlue, it should take off like an eagle from now until near the end of 2016. Then, I can re-evaluate. earnings will come out well It will generate more profits from the baggage fee like all the rest of the airlines, which adds to its value. JetBlue is also...

Rocketman Updated 

Based on a Weekly and monthly 61.8% pullback chart: Daily chart: (1) Daily 61.8% pullback (2) Engulfing Bullish candle signal at entry point shows that bull are in control (3) Strong weekly support at $76 where price bounced off. (4) higher lows and higher highs. Tentative targets areas are on the chart: $92 to $100. Stops are at a 1.50 or 2.28 risk/reward...

Rocketman Updated 

Technical trade