Tale of the Tape

LEADERS:


GOOG: Support is at 500. Next upside target is 535.

IBM: The 98 level is support and 115 is the next upside target.

GS: Resistance is at 233 and I still expect the market to break to 213 or so. After that a move to 250.

CME: Acting much better than I thought it would. Any break from 560 resistance should hold the 520 level. I think the market will rally to 630 before the bull market ends.

MO: Support is at 68. Upside target is 75.


OF INTEREST:


BIDU: Support is at 123. Upside target is 150.

CSCO: Support is at 25. Next upside target is 33.

AAPL: Support is at 106. Upside target is 140.

MSFT: Support is at 26.50. Next upside target is 33.50.

ICE: I now think the trend is up and that ICE is headed for 175. Meantime support is at 134.

NYX: I still think NYX has a bit more on the downside and expect to see a low in the 75-77 range. After that a rally to 115 will become likely.

NMX: Stronger than I expected but I don’t think it will escape its 115-142 trading range.

PFE: Support is 25. Upside target is 30.

AMGN: Downside target is 50.

SHLD: I think will hold the 172 level . Upside target is now 215.

KFT: Support is at 30. Next upside target is 39.

AMZN: Upside target is 76. Support is at 63.

EBAY: Support is at 30.00. Market should reach 43 in a few months.

WMT: Headed for strong resistance at 55. Support is at 48.