Monthly Archives: April 2017

Daily Market Intelligence 5/1/17

Posted on 04/30/2017

Daily Market Intelligence 5-1-17

A.M. Look 4/28/17

Posted on 04/28/2017

The NYSE will be running the board through Monday, with Europe closed for their May Day Holiday. Volumes will be lower than normal. Absent a tweet bomb from our leader, traders will be reticent to sell into Mutual Fund Monday. … Continue reading →

Daily Market Intelligence 4/28/17

Posted on 04/27/2017

Daily Market Intelligence 4-28-17

A.M. look 4/27/17

Posted on 04/27/2017

Waiting on the ECB and more earnings. Euro..200 DMA is @ 108.36 a level that should bounce the first time down. The early show will be run off the 7:30 CDT press conference. The latter part of the day will … Continue reading →

Daily Market Intelligence 4/27/17

Posted on 04/26/2017

Daily Market Intelligence 4-27-17

The Late Show

Posted on 04/26/2017

Rule #1..don’t buy Index strength going home on a Wednesday in an uptrend. Shorter time-frame traders give up nothing by not chasing mid-week strength.

A.M. Look 4/26/17

Posted on 04/26/2017

Oil…inventories @ 9:30 CDT will be about how the first break holds. If the 200 DMA @ 48.90 is spiked and price quickly reverses back through then we could see another mid-week extreme and a change of direction.

Daily Market Intelligence 4/26/17

Posted on 04/25/2017

Daily Market Intelligence 4-26-17

The Late Show

Posted on 04/25/2017

OIL…is finding bidders against its 200 DMA @ 48.90 The energy complex has been under-owned. Typically I’d look for a mid-week extreme off the Inventory #’s tomorrow. Oil…25X3 Point & Figure shows sustained price action above 49.65 is needed to … Continue reading →

A.M.Look 4/25/17

Posted on 04/25/2017

Japan led last night with DAX & Spu’s trading with in yesterday’s ranges. Nasd 100 is firm with Biogen (BIIB) beating earnings now up $10. CAT beat and is trading over 100 Equity/Bond spreads in the U.S. and Europe remain … Continue reading →