Monthly Archives: July 2016

A.M. Look 7/26/16

Posted on 07/25/2016

Gold…is still holding matrix support @ 1307 (Q). Below it will get weak fast. Those buying Gold against the trend line or for a longer term play should keep a tight leash on this. It would take a close over … Continue reading →

A.M. Look 7/25/16

Posted on 07/25/2016

DAX… held its 200 DMA and is headed for a retest of 10,314 the Pre-Brexit close. ​Oil…the weekly chart in Oil is rolling over.Sustained price action and a close over 44.70 is needed for the pattern to turn up. 42.75 … Continue reading →

Daily Market Intelligence

Posted on 07/23/2016

Daily Market Intelligence 7-25-16

Midday Missive

Posted on 07/22/2016

You’re seeing an early bid to defensive names; Utilities (XLU), AWK, & MCD in a chase for yield. AXP & AIG are being bought off relative strength indicator, meaning these Financials have neutral RSI’s while many momentum names have already … Continue reading →

A.M. Look 7/22/16

Posted on 07/22/2016

The overnight feature from the London session was the failure of the Pound to hold a rally. In fact its putting in another bearish reversal keeping the FTSE strong. The Equity Bears took a run at it yesterday and were … Continue reading →

Daily Market Intelligence 7/22/16

Posted on 07/21/2016

Daily Market Intelligence 7:22:16

VIX

Posted on 07/21/2016

Midday Missive

Posted on 07/21/2016

Equity/Bond spread keeps on going led by the treasuries. I’m not looking for much of any trade in the Indices, although I’d imagine the Bears will come out of hiding today to give it a go after London’s close. This … Continue reading →

A.M. Look 7/21/16

Posted on 07/21/2016

Crude…46.12 is resistance with a close over 46.60 needed for signs of a bottom. 44.40-60 remains support and the closing downside pivot. Bund…165.30-50 is support and the closing downside pivot. 30 & 10 Yr. U.S. Treasuries and flirting with their … Continue reading →

Midday Missive

Posted on 07/20/2016

It’s Long Fang stocks & Semi’s against the rest of the board. NUGT…this is a must hold on a close area as well