Pro Tips

Daily Market Intelligence 6/11/19

Daily Market Intelligence 6-11-19

Midday Missive

MSFT…has another 5 dollars AAPL…bought all A.M. via calls. very close to a weekly cloud breakout. MMM…looks to be today’s value trade. AMD..call buyers bought time @ the 45 Dollar strike. 39 is achievable in short order. Spoo are headed … Continue reading

A.M. Look 6/10/19

Spoo’s…2886 is today’s Pit gap.. It will take price action into its 50 DMA below 2875 to confirm a near term high on the 25X3 PN Nasd 100…7453 is today’s Pit gap. Both levels represent Friday’s highs. MSFT…showing ORH weekly, … Continue reading

Daily Market Intelligence 6/10/19

Daily Market Intelligence 6-10-19

Midday Missive

GOOGL is the value trade. it has the most to catch up. There is another 45 minutes to an hour of buying. Call buying everywhere. I rolled up my QQQ early. Took 1/2 RSX off and have paid for all … Continue reading

A.M. Look 6/7/19

Oil rally has not yet turned the very long-term 100X3 P&F up to confirm this weeks low as an interim bottom.Oil is trading unchanged on the week. The 25X3 Point & Figure shows it will take sustained price action above … Continue reading

Daily Market Intelligence 6/7/19

Daily Market Intelligence 6-7-19

Midday Missive

Bitcoin is toast. Indices are resislient. AMD has been bought for the past three sessions. I have a bid @ 22.14 for RSX @ the gap. COST,HD MCD,WMT et al. Dow is leading with the Dollar weakness as multinationals are … Continue reading

A.M. Look 6/6/19

Just a reminder that all Treasury volume is September (U) Futures. Risk spreads all held momentum support on the early Asian Index selloff. Options activity over the past two sessions saw upside positioning in the QQQ & SPY into July. … Continue reading

Daily Market Intelligence 6/6/19

Daily Market Intelligence 6-6-19