Pro Tips

Midday Missive

  Bond Futures up=Reits,Homebuilders & Utility’s in rally mode.XHB…Weekly Select Healthcare and Biotech names have been firm all A.M. VGT..chocked full of A.I. names has shown no sign of backing off. Spoo/Bonds are knocking on the door for a qtly … Continue reading

A.M. Look 1/21/20

China is infecting the world angst. Ok; Spoo’s failed to put in a reversal lower. Spoo/Bond did nothing more than go back to its short term average. Most surprising was the Gold’s failure to get high enough to confirm the … Continue reading

Daily Market Intelligence 1/20/20

Daily Market Intelligence 1-20-20

Daily Market Intelligence 1/17/20

Daily Market Intelligence 1-17-20

A.M. Look 1/7/20

Plungers will plunge. Spoo/Bond is retesting the all time high. This is the only possible spot for price rejection. It’s a dumb bet. Yra Harris came up with the technical template for long-term relationship trading on a run decades ago. … Continue reading

Daily Market Intelligence 1/6/20

Daily Market Intelligence 1-6-20

A.M. Look 1/3/20

Spoo…3234-6 is resistance matching the daily ORL. Gaps; 3207.10.      3186-94. Initial Downside target for this swing is 3199. DJI…Initial Downside target for this swing is 28,377 Nasd 100 has not elected downside targets. 8769.50 is the reversal #. … Continue reading

Daily Market Intelligence 1/3/20

Daily Market Intelligence 1-3-20

Midday Missive

Russell has been running the show along with the Bonds. Russell & Russell/Bonds are putting in ORL’s Both the spread and the Russell itself have done nothing more than run stops. It’s what happens late afternoon that matters. The long … Continue reading

A.M. Look 1/2/20

China PBOC eases last night reinforcing the FXI pattern. Take it easy to start the year. AMD & NVDA received big price upgrades. Spoo & Nasd 100 PNF charts show we’re at levels that need to be worked above for … Continue reading