Monthly Archives: June 2017

A.M. Look 6/30/17

Equity Indices…Spu’s,Nasd 100,DAX,Nikkei are neutral at current levels. New direction will be determined next week. Some of the big cap tech names are trading around their weekly reversal levels. AAPL FB NFLX Ultimately I believe the Bulls will win the … Continue reading

Daily Market Intelligence 6/30/17

Daily Market Intelligence 6-30-17

A.M. Look 6/29/17

Complacency is back with the VIX trading into the mid 9’s. 30 yr. Futures standout with a Pit session & ADC ORL week working. Bunds & Oats show the same topping pattern. Pit only U.S. session 30 yr….I discount this … Continue reading

Daily Market Intelligence 6/28/17

Daily Market Intelligence 6-28-17

Midday Missive

Oil…is at a level that you should not chase direction. Some services put out buy recommendations this A.M. in the Oil. Oil has broken out above daily momentum line @ 43.64, today’s pit low. You’re better off waiting until tomorrow’s … Continue reading

A.M. look 6/27/17

GOOGL has received a 2.7 Bil fine from the EU. It’s trading @ 960 pre market, the bottom of the gap. Price action @ this level will run the Nasd 100.   The Dollar is coming into closing support again … Continue reading

Daily market Intelligence 6/27/17

Daily Market Intelligence 6-27-17

A.M. Look 6/26/17

Gold…rally is over with it trading weakest against the Yuan as the world goes back to a risk on footing into qtr end. SMH…gains upside momentum by maintaining over 86.05 targeting 87.80. Nikkei is putting in a bullish pattern that … Continue reading

Daily Market Intelligence 6/26/17

Daily Market Intelligence 6-26-17

A.M. Look 6/23/17

Spu’s…today’s 50 yard line is 2428. Spu’s are firm above the short term averages / weak below.   Gold…is trading up into its 50 DMA. Gold should stall at 1260 ish with a risk on U.S. board. Traders who spread … Continue reading