Pro Tips

A.M. Look 4/8/20

Today into tomorrow the markets will be in decision mode. The Point & Figure and half day charts paint the best pictures Market participation will be down. Do Not chase direction. All the frenetic e-mails I received early yesterday about … Continue reading

Daily Market Intelligence 4/8/20

Daily Market Intelligence 4-8-20

Midday Missive

Pretty much most instruments and names gave you a back and fill Spoo’s left a gap @ 2668-78. Write it down for reference. It will take price into the mid to high 20’s for a reversal back up on the 50X3. … Continue reading

A.M. Look 4/7/20

Full Moon Trading Gold/Silver is breaking down below its recent Fibs after Gold reached its target level that’s been on the sheets for months. Nasd 100…the highest probability Bull trap is @ 8390 wish. Spoo’s..are going from one level to … Continue reading

Daily Market Intelligence 4/7/20

Daily Market Intelligence 4-7-20

A.M. Look 4/6/20

A little good news goes a long way. With  Full Moon tomorrow night @ the start of the Holidays the rest of the week should be telling. Spoo/Bonds & Nasd/Bonds are currently above their respective 21 DMA’s. The spreads have … Continue reading

Daily Market Intelligence 4/6/20

Daily Market Intelligence 4-6-20

A.M. Look 4/3/20

Due to the calendar tabulating the unemployment rate, the disaster numbers won’t hit until Aprils #’s. Healthcare showed green shoots yesterday. I’m not in any hurry to jump on board. Let everything settle out a bit before you make any … Continue reading

Daily Market Intelligence 4/3/20

Daily Market Intelligence 4-3-20

A.M. Look 4/2/20

Oil…20 dollars is the current floor. Closing below all bets are off for some semblance of order in the Oil patch. Short term closing level is 21.84 to maintain above. Everything is a point to point trade. The Room has … Continue reading