Pro Tips

Midday Missive

Sold the remaining trailers in the QQQ puts when the spread ran the ORL daily stops Out of the runners @ 1.20. VIX @ its gap was a great tell. Something we went over early in the room. Sold 2/3rds of … Continue reading

A.M. Look 8/23/19

This is a good day to not get too one-sided. Spoo’s could spike into the high 2940’s. Different parts of the curve look totally different. I would urge you to listen to the end of yesterday’s video with Yra. Expect … Continue reading

Daily Market Intelligence 8/23/19

Daily Market Intelligence 8-23-19

A.M. Look 8/22/19

Gold…expecting a print into the high 1490’s to fill out the 50X3 point & figure chart. Oil…56.30 ash will be pivotal for direction. This is where the 50 & 200 DMA converge. European Bonds are in retrace mode. Bund is in … Continue reading

Daily Market Intelligence 8/22/19

Daily Market Intelligence 8-22-19

Daily Market Intelligence 8/16/19

Daily Market Intelligence 8-16-19

Midday Missive

Indices are trying to bottom. Trying is the operative word. Yra posited a mid meeting rate cut. That conversation is coming into the mainstream. We’ll see if that conversation will keep the Indices from imploding. I this event were to … Continue reading

A.M. Look 8/15/19

Spoo/Bond Pit weekly chart is running this wiggle. Spoo rallied 25 points last night off the gap into 2865 resistance. Currently you’ll need price actin above that level to confirm a short term low. Spoo’s are coming into Macro support levels … Continue reading

Daily Market Intelligence 8/15/19

Daily Market Intelligence 8-15-19

A.M. Look 8/14/19

30 yr. Bonds I’m eyeballing 165.15 as the next rejection level. 5 yr. put in a topping pattern yesterday. That pattern is being negated today. A lot of time was spent late yesterday explaining why we do not take these … Continue reading