Monthly Archives: March 2019

A.M. Look 3/21/19

Humpty Dumpty is sitting on his porcelain tweeting out extended tariffs with China. Looking for Spu’s to complete that 50 point reversal into the 2810 area. Nasd 100 has a rollover gap into the 7270’s. Wrestling with the fault in … Continue reading

Daily Market Intelligence 2/21/19

Daily Market Intelligence 3-21-19

The Late Show

PBR…I’m taking 50 % off on the close. I am eventually looking for 20 as a next target. It’s Wednesday on a full moon!!!!!!!

Midday Missive

I bought PFNX today. A starter position. I had a price order in and in went vertical. Long FB 165 Calls @ .84 cents for Friday. 165 lines up with its 200 DMA. Oil is at its next big macro … Continue reading

A.M. Look 3/20/19

May (K) Oil is trading app +24 cents over April (J) Inventories come out @ 9:30 CDT. 58.17 is rough support in April. The bigger averages and momentum support come in @ 57.36. This will be the only instrument in … Continue reading

Daily Market Intelligence 2/20/19

Daily Market Intelligence 3-20-19  

Midday Missive

Semi’s are keeping the Indices bid. I bought SMH @ 107.39 very small. Risk is today’s low. BA is and was the ticket this A.M. I never found a strike I was happy with. I would view this low as … Continue reading

A.M. Look 3/19/19

It’s a gap and go in the Indices. Spreads have broken out to the upside. We’re in buy the break mode. The Spu long-term P&F takes 90 points to reverse. Initial swing count is in the 2870’s. Euro has to … Continue reading

Daily Market Intelligence 3/19/19

Daily Market Intelligence 3-19-19

Midday Missive

AMZN it has pierced its 200 DMA @ 1730. Look for breaks back into 1730 to hold and match up with the Indices. 1775 is resistance with the really big stuff coming in just shy of 1800. Spu’s Looking for … Continue reading