Pro Tips

Midday Missive

Long qqq 192 Put @ .13 cents for today’s expiration. This was done as a pass line lotto bet. Currently trading in the 60’s. IBB is putting in a topping pattern!!!!!!! Covering( Selling the Puts) when the spread gets a … Continue reading

A.M. Look 10/18/19

The World Bank Conference is going on In Washington D.C. Theses meetings are either a complete dud, or as in 1998, produce one of the more prolific Currency moves of all time. 20 figure appreciation of the Yen on FED … Continue reading

Daily Market Intelligence 10/18/19

Daily Market Intelligence 10-18-19

A.M. Look 10/17/19

Nasd 100 ran the monthly ORH stops last night. Those same stops in the Spoo are @ 3023.75. Spoo/Bond is breaking above its 200 DMA with an ORH pattern. It’s way too early in this game to go rabid Bull. … Continue reading

Daily Market Intelligence 10/17/19

Daily Market Intelligence 10-17-19

A.M. Look 10/16/19

Spoo’s will require a print into the low 2980’s for a reversal on the 25X3. Nasd 100 will be the better lead Index. Spoo/Bonds have initially rejected its 200 DMA matching the potential double top on the 100X3 Spoo PNF. … Continue reading

Daily Market Intelligence 10/16/19

Daily Market Intelligence 10-16-19

Midday Missive

Risk on world. Nasd led along with Industrials and Transports. Nasd 100 Monthly ORH buy stops are @ 7982.75 We liked MSFT,JBHT,FDX early. All we said in the room after PAX Group bought was do not sell anything you don’t … Continue reading

A.M. Look 10/15/19

I’m just focusing on the Nasd 100. The spread is trading around its 200 DMA. The 100X3 shows that sustained and closing strength over the 79 Teens will be required for upside. Europe is leading with the EURO Stoxx 50 … Continue reading

Daily Market Intelligence 10/14/19