Monthly Archives: May 2017

Daily Market Intelligence 6/1/17

Daily Market Intelligence 6-1-17

Today’s current flashing signals

I’m getting buy signals in Energy names: NFX,MUR,KMI,DVN,CXO,XOP,   RYE..Equal Weight Energy   ECA..EnCana   Energy has been a field of broken dreams. If you’re interested, do your own homework. ASML  

A.M. Look 5/31/17

Oil…sustained price action below 48.50 is needed for lower   NZD/USD…Kiwi is trading right on its 200 DMA @ 71.08. What is more interesting is the Monthly ORH working. Maintaining over 70.56, the monthly ORH #,is needed for follow through. … Continue reading

Daily Market Intelligence 5/31/17

Daily Market Intelligence 5-31-17

A.M. Look 5/30/17

Gold is losing momentum against the currencies. VIX…will need over 10.90 Mvg avg resistance to continue higher. 12 is the most obvious spot to test . The 10% wiggle needs to be managed if you’re involved. It will take into … Continue reading

Daily Market Intelligence 5/30/17

Daily Market Intelligence 5-30-17

VIX..For Short-Term trading

We’re seeing inside ranges in the Indices with AMZN struggling @ 1000 Long only guys would be prudent to buy some VIX out a maximum of two weeks. A little portfolio insurance will help with your digestion over the long … Continue reading

A.M. Look 5/26/17

Gold…50X3 P&F…is trading near the top of value on the P&F charts. There is a gap @ 1276.90 on the daily continuation. Gold..100X3 P&F Gold/Yen is trading at its 200 DMA. Gold/Yuan is through its 200 DMA Gold/GBP is trading … Continue reading

Daily Market Intelligence 5/26/17

Daily Market Intelligence 5-26-17

Midday Missive

IYT…Transports stay firm above 163.24. Transports are poised to play catch up. SQ & ADSK trade well.   SNAP is worth a go with a 30 cent stop to see if this formation will be a bottom.   HON…Honeywell is … Continue reading