Monthly Archives: November 2017

Daily Market Intelligence 12/1/17

Daily Market Intelligence 12-1-17

A.M. Look 11/30/17

It’s the last trading day of the month with a risk on board. Nasd 100…6291 is the weekly meltdown #. Above its ok/ below more profit taking Spu’s …the very short term Point & Figure shows a double top @ … Continue reading

Daily Market Intelligence 11/30/17

Daily Market Intelligence 11-30-17

Midday Missive

Dow Dow and more Dow. DJI/Nasd 100 is close to confirming more upside. This is a big rotation with profits being booked in Tech. IYT had a big hold at its 50 DMA this A.M. It will take closes over … Continue reading

Daily Market Intelligence 11/29/17

Daily Market Intelligence 11-29-17

Midday Missive

Dow names have been leading again today. Natgas names should remain strong into this afternoons Futures expiration. Agri names BUNGE, AGU, POT & MOS have been bought on today’s rotation. SQUARE could rebound as high as 44.50, its momentum breakdown … Continue reading

A.M. Look 11/28/17

World Bourses are grinding sideways to higher. I opened a technical report this A.M. from a source that sends to hedge funds reiterating their sell recommendation for the Nasdaq with a 100 point stop looking for a 10% correction. The … Continue reading

Daily Market Intelligence 11/28/17

Daily Market Intelligence 11-28-17

Midday Missive

Dow names are leading. The board remains a daily rotational game. AMZN will be the canary in the coal mine. If Bezos loses a Billion dollars in notional net worth, it will be enough to roil the board. Currency traders … Continue reading

A.M. Look 11/27/17

Euro..the overnight high of 119.57 is important as i will need to see a couple of good closes over this area for another run higher. AUD/USD…is the currency that shows continued strength. As long as this maintains closed over 76.00, … Continue reading