Monthly Archives: October 2017

Daily Market Intelligence 11/1/17

Daily Market Intelligence 11-1-17

Midday Missive

WFC..Wells is getting off the mat. EOD & PXD are in play. WYNN was a moonshot from the opening.  Will stay strong into the close. Chips…MU,INTC,NVDA will be bid into the close. WDAY & PANW are gaining momentum over their … Continue reading

A.M. Look 10/31/17

Today is the last trading day of the month. Risk spreads look positive. AAPL received an upgrade from Piper Jaffray this A.M. with a 200 PT. Let the day unfold

Daily Market Intelligence 10/31/17

Daily Market Intelligence 10-30-17

The late Show

Energy is in play!! XLE has been lagging. This needs sustained rice action over 67.44. sustained price action above 68 puts this in Blast off mode XOM…                

Midday Missive

Long end of the curve…10’s & 30’s ..Yields are still lower on the year. 2 & 5 yr Yields are higher on the year. Engulfing Bull patterns in the U.S. rates should keep traders from selling Futures. When Bonds are … Continue reading

A.M. Look 10/27/17

Euro & Nikkei are at pivotal closing levels. I’m looking for them to keep going. GBP/USD…need a close below 130.50 to confirm more weakness. I totally got wrong the back and fill in the European Bonds when looking at the … Continue reading

Daily Market Intelligence 10/27/17

Daily Market Intelligence 10-27-17

Midday Missive

Euro…117.52 is today’s ORL # and Cloud breakdown level. By remaining below you’ll also trigger an ORH in the Dollar Index. Euro did not give me my sell level. U.S. Ten/Bund spread has been leading Dollar strength all A.M. IYT…Transports … Continue reading

A.M. Look 10/26/17

Equity traders; take your Que from the NYSE opening. Look for a directional flow into London’s close before posturing into the afternoon tech earnings. Of all the tech names MSFT has been the most consistent since Nardella has taken over … Continue reading