Pro Tips

Daily Market Intelligence 9/30/21

Qtr end. I’m only concerned about the close. Nothing else matters. Will the indices hold the monthly ORL’s? Will the Indices hold and then violate Friday? I’ll let the market tell me what to do. There is a WASDE report … Continue reading

A.M. Look 9/27/21

Spoo’s have filled their rollover gap in the overnight session, not in the pit. Nasd does not like the long end creeping higher. Russell is the clean trade honoring its levels. The short end of the curve is in play … Continue reading

A.M. Look 9/29/21

30 Yr. Bond…160.00 will be pivotal all day as it matches up with the 200 DMA in Yield. The next two sessions will revolve around risk appetite going into the 4th qtr. The end of last qtr we saw atypical … Continue reading

Daily Market Intelligence 9/29/21

Daily Market Intelligence 9:29:21

A.M. Look 9/28/21

Oil & Natty continue to trade well. They are trading off their own fundamentals and independently from the rest of the board. The rest of the board is a slave to the 30 Yr. The flight out of Bonds started … Continue reading

Daily Market Intelligence 9/28/21

Energy, Chips, Financials and reopening names were in play. KRE is attempting an ORH month. So are some of the names. Copper miners played out well from Friday. FXI & KWEB put in ORH days. Watching for follow through since … Continue reading

Daily Market Intelligence 9/27/21

Daily Market Intelligence 9:27:21

A.M. Look 9/23/21

Gap trading Spoo Pit…4406-4411.50 E-Mini rollover gap 4418-4459 Nasd Pit….15,227-15,276.25 Nasd Mini’s rollover gap 15,338.25-15,474 The clouds on the 25X3 Point & Figures look different on the daily vs active daily Resistance will be at the bottom of a gap … Continue reading

A.M. Look 9/21/21

Yesterday’s Spoo low is confirmed on the 100X3. It will take all new weakness under yesterday’s low to break anywhere. The first assault on the Friday-Monday Pit breakdown gap has so far failed. The probe was close to the .618 … Continue reading

Daily Market Intelligence 9/23/21

Indices still have small Pit gaps and bigger rollover gaps. Powell spoke. Our views (The Fed) and insider trading are for us to know and none of your business. You either vote the party line or you will be put … Continue reading