Monthly Archives: June 2016

Daily Market Intelligence 7/1/16

Daily Market Intelligence 7-1-16

The Late Show

ETF traders….If you’re not Long EUO get some on by the close. If you bought some earlier in the week just sit tight. You just don’t want to chase it Futures traders…sell rallies against 111.30 cash which is last weeks … Continue reading

Food For Thought

Who benefits from the ECB buying Italian debt. Nobody in their right mind would buy that garbage. You know the answer…Goldman Sachs…Mario is bailing out his brethren s book buy buying all the Italian and peripheral shit. GS is up … Continue reading

POT & AGU

POT…is putting in a bottoming pattern. 18.08 is its 200DMA. AGU…by holding above 90.30, look for a 92 print

PCLN

A.M. Look 6/30/16

The early trade in Equities will be run by the U.S. banks which all fared well in the FED stress tests. Many are announcing share buybacks which led to the pop in U.S. futures after the Pit close yesterday.The U.S. … Continue reading

Daily Market Intelligence 6/30/16

Daily Market Intelligence 6-30-16

The Late Show

Bonds are giving it up.. That implies more equity buying late.  

Midday Missive

U.S. Indices are stronger than i thought. Some sectors and names are lagging so here is a look at some ideas. Spu’s…I’ve no interest in picking a high. FDX…is lagging IBB…is gaining upside momentum over 251.60. Nasd has to have … Continue reading

A.M. Look 6/29/16

Welcome to the Mid-Week Shuffle DAX…9750 is resistance and the upside closing pivot. Spu’s..the bigger swing Fibs come in @ 2050. I don’t think you’ll get quite that high today. Spu’s are basically unchanged on the year. Gold…it would take … Continue reading