Monthly Archives: June 2017

Midday Missive

Posted on 06/05/2017

NVDA…has been leading the chips this A.M. The pattern looks good for more gains. Risk is today’s low. Goldman…has been putting in higher lows just above its 200DMA. I like the risk profile. if its is going to get up … Continue reading →

A.M. Look 6/5/17

Posted on 06/05/2017

I’m in wait and see mode until the NYSE comes in today. The 200DMA in the June Bonds have caused a some profit taking keeping the Risk spreads positive. Thursday is the British Election. Comey testimony is Thursday when you … Continue reading →

Daily Market Intelligence 6/5/17

Posted on 06/04/2017

Daily Market Intelligence 6-5-17

Midday Missive

Posted on 06/02/2017

June 30 Yr. Bonds…200 DMA is 156.10 today. I would not be looking for more upside today. Nasd 100 Pit gap is @ 5823 I would not be looking to add Risk today after reaching the Spu target. Grains are … Continue reading →

A.M. Look 6/2/17

Posted on 06/02/2017

We came close to a two year target last night in the Spu’s. Close enough. Let the number shake out and trade the price action off the NYSE open. The later it gets in the day without the Indices backing … Continue reading →

Daily Market Intelligence 6/2/17

Posted on 06/01/2017

Daily Market Intelligence 6-2-17

Midday Missive

Posted on 06/01/2017

Nasd 100…has a potential double top on the P&F. Sustained price action under 5780 would be needed to turn the picture negative. PYPL,CRM,UNH, MCD all look poised for higher. Keep to quality names that have momentum.   Be patient to … Continue reading →

A.M. Look 6/1/17

Posted on 06/01/2017

Everyone is waiting for ADP. The Nasd 100 P&F has not turned up with the overnight session. Wait and see. key off the NYSE price action after the #.