Monthly Archives: July 2018

Daily Market Intelligence 8/1/18

Daily Market Intelligence 8-1-18

A.M. Look 7/31/18

Euro is attempting to turn higher. I’m not going to read too much into it going  into Month end. Nasd 100 held its 50 DMA Spu/Nasd..Globex session is into weekly mvg avg resistance. Let the day set up and see … Continue reading

Daily Market Intelligence 7/31/18

Daily Market Intelligence 7-31-18

The Late Show 7/30/18

Spu’s likely short term bottomed. VIX overran its 200 DMA Nasd 100 elected sell stops below 50 DMA The selling abated this time Friday. AMZN, so far, failed to fill the gap @ 1762 Time frame trading the rest of … Continue reading

Midday Missive

Edward Life sciences is getting a bid off the hourly and half day bars. AMZN tried to fill its gap @ 1762 stopping short into its 21day mvg average. GOOGL went into its gap and bounced. Spu’s will be under … Continue reading

A.M. Look 7/30/18

Spu’s & Nasd 100 put in lower lows from Friday. Spu’s failed to get low enough to put in a reversal on the long-term P&F. Spu/Bonds held the short-term averages. Spu’s & Dji are strong against the Nasd 100, Midcap … Continue reading

Daily Market Intelligence 7/30/18

Daily Market Intelligence 7-30-18

Midday Missive

Back and fill time. LRCX & AMD have both reached initial targets. The board is reversing in the Bonds and currencies. Profit taking will ensue across risk assets.

A.M. Look 7/27/18

Full Moon Trading is upon us. Clear your crystals and break out your Ouija board. Is all the good news out of the way? Are we in for a grind? I’m not bearish although I don’t see the rational for … Continue reading

Daily Market Intelligence 7/27/18

Daily Market Intelligence 7-27-18