Pro Tips

Daily Market Intelligence 7/24/17

Daily Market Intelligence 7-24-17

A.M. Look 7/21/17

EUR/AUD…followed through on its ORH pattern by doing a 50% retrace for the past 30 trading days last night into 147.70. U.S. Equity Bond spreads are stalling out. Look for corrective trading into next week. With the Spu’s coming close … Continue reading

Daily Market Intelligence 7/21/17

Daily Market Intelligence 7-21-17

Midday Missive

BUD…if you’re long this name it’s a good spot to lock in some of the trade. Sector rotation is favoring Natgas Infrastructure names and healthcare. GS…Goldman is holding its rising 200 DMA @ 222.73. It would take a close below … Continue reading

A.M. Look 7/20/17

AUD/USD…Aussie’s 10 day 500 point rally is waning. A cash close today below 79.08 would have me looking for a corrective phase back to just below 78.00. AUD/JPY…a close below 88.59 would corroborate that move.   EUR/AUD…is oversold and is … Continue reading

Daily Market Intelligence 7/20/17

Daily Market Intelligence 7-20-17

A.M. Look 7/19/17

Nasd 100…5900, the old target is back in focus. This level is now the monthly ORH #. 5900 will be pivotal the rest of the month. Good above/Retrace mode below. It’s the mid-week shuffle. While I remain bullish I’m vigilant … Continue reading

Daily Market Intelligence 7/19/17

  Daily Market Intelligence 7-19-17

A.M. Look 7/18/17

NFLX…This is going to be an opening range trade. Some of you wrote me notes saying you took your money after earnings. Those that own the name would be wise to protect their gains this A.M. The Dollar continues to … Continue reading

Daily Market Intelligence 7/17/17

Daily Market Intelligence 7-17-17