Monthly Archives: October 2018

Midday Missive

Indices are still a wait and see game for late day. MY bias is to sell rallies. Have bought VXX call spreads out into November The money is flowing into BRKA. Amazon and XLY have failed at their Mvg averages … Continue reading

A.M. Look 10/5/18

It’s payrolls Friday with the Spu’s & Nasd 100 in decision mode. A mid-week shuffle high and the Indices are flirting with monthly reversal lower closes. This portends possible trend change. Spu’s would need to sustain higher on the month … Continue reading

Daily Market Intelligence 10/5/18

Daily Market Intelligence 10-5-18

The late Show 10/4/18

Sushi is hitting fan! Spu…double topped on qtrly chart. Below 2907 the market is a no buy AAPL..225 is the bounce zone

Midday Missive

XLY has topped. Spu’s are eyeballing the low 2590’s for a reversal on the 50X3 You have another hour left in this capital flow before things can stabilize. The street is hiding out in Berkshire

A.M. Look 10/4/18

Risk spreads are positive Spu’s would need under 2907.50 to start doing any real damage. The Spu daily chart shows we’ve just come into support. Spu/Bonds are close to new all time highs. Let the day set up. It’s a … Continue reading

Daily Market Intelligence 10/4/18

Daily Market Intelligence 10-4-18

A.M. Look 10/3/18

Wednesday rules apply. Risk spreads are positive. The room will be open today.

Daily Market Intelligence 10/3/18

Daily Market Intelligence 10-3-18

A.M. look 10/2/18

Italian politics has Europe in the boil again today. Dollar is up with Bonds seeing the safe haven bid Spu’s…25X3 shows a range bound trade. The pattern says do not sell weakness There will be no room today!