Tuesday, March 04, 2014

Guesstimates on March 4, 2014

March S&P E-mini Futures: Today’s range estimate is 1857-72.  Political news sent the market back up overnight and I still think it is headed for 1900 and higher
QQQ:  Upside target is now 96.
TNX (ten year note yield): I think the market will move to 3.50% over the next few months.
Euro-US Dollar: The Euro is headed up to 1.43.
Dollar-Yen: The dollar-yen is headed for 107.00.
April Crude:  Crude moved above 102-03 resistance yesterday so I now think it is headed for 111.
April Gold:  The market has breached 1290 resistance decisively and is now headed above 1400.
March Silver: Silver has moved above its 21.30 resistance level and a move as high as 26.00 is underway.
Google:  Next upside target is 1250.
Apple:  The uptrend in AAPL from its 385 low last April is still intact. My best guess is that AAPL is headed for 600 and higher.  

1 comment:

AM said...

Carl, it seems your gold/silver/oil calls are all over the place.

Oil is set up for a spectacular collapse IMO.