Monthly Archives: January 2020
Midday Missive
Match Game 101!!!!!!!!!!!!! PAX Group exited Shorts just before the NYSE opening and then got long out of the opening range!!!! The low in the DJI ,Spoo, Oil & AAPL have matched up with macro levels in European Debt. Yes, … Continue reading
A.M. look 1/27/20
DJI..elected the stops below unchanged on the year last night. Spoo came close to unchanged. 3254.50 was the last breakout. The market held that level for a bounce last night before giving way to more selling. 3203.50 is today’s 50 … Continue reading
Daily Market Intelligence 1/27/20
Daily Market Intelligence 1-27-20
The Late Show
Currently all Risk spreads are showing ORL topping patterns. Spoo & Russell ran their respective ORL daily sell stops in the thinnest part of the day. Spoo ORL # 3001.25 Nasd 100 ORL # 9151.75 Russell ORL #’s 1664.90. This is how it … Continue reading
A.M. Look 1/24/20
It’s Friday in a Bull market in Equities. Plungers; I quote Clint Eastwood ” Do you feel lucky?” Poorly run infrastructure name like FLR is looking up. Investors picked up beaten up names yesterday on the break. The less you … Continue reading
Daily Market Intelligence 1/24/20
Daily Market Intelligence 1-24-20
A.M. Look 1/23/19
Spoo’s put in a pause that refreshes on the 25X3. Technical models do not turn in a day, rather they can take two weeks to confirm a change in direction. They are a lagging indicator! Was yesterday’s high the first … Continue reading
Daily Market Intelligence 1/23/20
Daily Market Intelligence 1-23-20
The Late Show
Yra came in for a quick chat which led to a discussion of the world Bond prices going into tomorrow’s ECB. This led me to have the rooms get short on a Wednesday high. Options guys bought the Jan 27 … Continue reading
A.M. Look 1/22/20
Cargill’s CEO was interviewed on Bloomberg from Davos. Nothing concrete in trade deal! Nothing concrete for the American farmer. Our rail cars are sitting empty. Fearless leader is using his press conference to do his I’m not a megalomaniac crook … Continue reading