Pro Tips

Daily Market Intelligence 10/24/19

Daily Market Intelligence 10-24-19

Midday Missive

No one in Europe is delusional enough to be short Indices into tech earnings. I haven’t done anything with the QQQ class for Friday. 194 strike is worth a look late day. FEDEX & EOG are today’s stand out names. … Continue reading

A.M. Look 10/23/19

Late yesterday the few who stuck around got a lesson on the proper use of Fibs when applied to gap trading. Nasd 100 traded to the 50% of the PIT gap last night and held. Spoo’s showed 2984.50 is the … Continue reading

Daily Market Intelligence 10/23/19

Daily Market Intelligence 10-23-19

A.M. Look 10/22/19

November Crude expires today. The only question I’m asking myself ” is the high in the indices last night good enough to be the high for a while?” Looking for earnings Wednesday-Thursday as the catalyst for market movement. Trade the … Continue reading

Daily Market Intelligence 10/22/19

Daily Market Intelligence 10-22-19

A.M. Look 10/21/19

Follow the Bonds. There is a new sheriff in town and her name is Lagarde. Bonds down=Banking stocks up. Bund 200 DMA is 170.01 Noteworthy; Silver is up on the currency crosses against the Euro & Yuan. Typically with a … Continue reading

Daily Market Intelligence 10/21/19

Daily Market Intelligence 10-21-19

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