Monthly Archives: October 2018

A.M. Look 10/16/18

Indices are range bound. Pot stocks..Oops..exited a little early. Russell & Midcap are trying to find a bottom. Nasd 100 low was its 200 DMA again last night. Patiently watching the show for opportunity

Daily Market Intelligence 10/16/18

Daily Market Intelligence 10-16-18

Midday Missive

bought a few 173 QQQ Calls for Friday @ 2.02 using a 1.76 intra day stop. That’s my ode to bottom fishing the Indices against the 200 DMA in Nasdaq NBEV..I am working an OCO sell order I’ve raised my … Continue reading

A.M. Look 10/15/18

German elections ( weakening Merkel’s grip on power) coupled with the Saudi drama are capping the Spu below its 200 DMA. Spu’s are caught between 2747 ish n the downside and 2780 on the upside. Europe has stabilized with the … Continue reading

Daily Market Intelligence 10/15/18

Daily Market Intelligence 10-15-18

A.M. Look 10/12/18

Keep on your track shoes. Yesterday’s low split my macro # sets for a big std deviation move back up. Whether this move is just a trading rally or the ultimate low remains to be seen. It will take into … Continue reading

Daily Market Intelligence 10/12/18

Daily Market Intelligence 10-12-18

Midday Missive

Microsoft is the low risk long against today’s low. The low is the aftermarket low after the last earnings release making it a god low risk area. Use this last low into London’s close to manage any long exposure. I’m … Continue reading

A.M. Look 10/11/18

Square CFO announces departure to take a new gig at Nextdoor. The monthly ORL currently in play would need a close over 81.53 to negate the pattern. Looking for a bounce from the low 60’s Looking at the qtrly charts … Continue reading

Daily Market Intelligence 10/11/18

Daily Market Intelligence 10-11-18