Monthly Archives: December 2017

Midday Missive

Posted on 12/08/2017

China tech names have been weak against FANG Oil looks to fill its pit gap @ 5670, where it will decide the next direction. Healthcare led by UNH has been keeping the QQQ firm It will be a time frame … Continue reading →

A.M. Look 12/8/17

Posted on 12/08/2017

MU…Micron was upgraded by Susquehanna with a 60 PT DB…Deutsche Bank has led in European trading giving a bid to the Financial names in the U.S. Oil…I’m frankly surprised at the veracity of this rally. The 25X3 point & figure … Continue reading →

Daily Market Intelligence 12/8/17

Posted on 12/07/2017

Daily Market Intelligence 12-8-17

Midday Missive

Posted on 12/07/2017

Square,WTW, Russell 200,TSLA & XLI act best. They were all opening range trades. XLI…

A.M. Look 12/7/17

Posted on 12/07/2017

Gold broke below its 200 DMA and is into its August unemployment low @ 1256. Looking at Gold/Euro & Gold/Yen, which are both trading just above their respective 200 DMA’s, makes this an exit zone for shorts and a place … Continue reading →

Daily Market Intelligence 12/7/17

Posted on 12/06/2017

Daily Market Intelligence 12-7-17

Midday Missive

Posted on 12/06/2017

Trade the rotation MOS,FLR AGU, POT SQ Square anything into 40 is a place to pay for your trade. 41 starts mvg avg resistance 30 Yr. Bonds…no top picking until late tomorrow morning. FLR…             … Continue reading →

A.M. Look 12/6/17

Posted on 12/06/2017

The most important chart is the Spu 50X3 P&F which completed another reversal @ last night’s low. Oil had a similar pattern yesterday. When i see this type of pattern a market typically reverses direction first before following through in … Continue reading →

Daily Market Intelligence 12/6/17

Posted on 12/05/2017

Daily Market Intelligence 12-6-17

The Late Show

Posted on 12/05/2017

SPY & Spu’s are trading right on momentum support. Sustained price action below today’s present low should lead to another 20 points lower. 30 yr. Bonds run into trouble on the upside in another 10-15 ticks. This time up the … Continue reading →