Monthly Archives: October 2017

Midday Missive

Posted on 10/04/2017

The stock rotation is into Healthcare and Consumer Staples.. XLP is attempting an ORH day . 54.11 is momentum resistance and the upside pivot. The Russell is overbought. NVDA is reasonable at this level. This should attempt to trade its … Continue reading →

A.M. Look 10/4/17

Posted on 10/04/2017

Bunds and U.S. Treasuries are bid against the Italian & Spanish debt. Gold has bounced with lower yields as well as major currencies against the Dollar. Short term P&F resistance comes in @ 1289. Euro..would need to sustain over 117.90 … Continue reading →

Daily Market Intelligence 10/4/17

Posted on 10/03/2017

Daily Market Intelligence 10-4-17

A.M. Look 10/3/17

Posted on 10/03/2017

30 yr. Bonds…have made a lower low from last week by a tick @ 152.00. Will this be a level to see a bounce and a correction in Spu/Bonds from? Time will tell.

Daily Market Intelligence 10/3/17

Posted on 10/02/2017

Daily Market Intelligence 10-3-17

The Late Show

Posted on 10/02/2017

Long Energy,Financials & Healthcare have been the focus all day. ORH Patterns APC,CVX,CXO,NFX,OKE,PSX,PXD,RRC,SWN,XEC Of these RRC,XEC,PXD,NFX,CHK & COG have a reasonable RSI   The other names have been rallying for a few weeks and I would not chase these patterns at the top of … Continue reading →

Midday Missive

Posted on 10/02/2017

A client just asked a really good question; Are they going to run the shorts out of the U.S. 30 YR.? I spoke to this last week. First of the Month ECB bond buying will make  selling Bond weakness problematic. … Continue reading →

A.M. Look 10/2/17

Posted on 10/02/2017

30 Yr. Bonds…will take above 153.00, its 200DMA, to run out shorts. This instrument is into short -term oversold. Bunds and Gilts are strong (lower rates). There is more room in the U.S. Ten year/Bund spread to widen. Lower rates … Continue reading →

Daily Market Intelligence 10/2/17

Posted on 10/01/2017

Daily Market Intelligence 10-2-17