Pro Tips

Midday Missive

  Earlier in the A.M. pretty much everyone sold against the matches in the Nasd & Russell #’s which matched up with the 200 DMA in Amazon @ 1752.Capital flow is over.Spoo failed to print low enough to reverse lower … Continue reading

A.M. Look 6/5/19

It’s Wednesday. Money for nothing! This is an exit zone for longs. The matches are the Nasd 100 & Russell #’s. Roku was upgraded with a 119 target. Cron received an upgrade with a 20 target. What is surprising is … Continue reading

Daily Market Intelligence 6/5/19

Daily Market Intelligence 6-5-19

A.M. Look 6/4/19

Oil… is sitting on its 200 WMA. Be patient. Spoo are stuck between 2729 & 2765 o..n the 25X3. Waiting to see if it can put in a reversal on the 50X3 with a print into the high 60’s. That … Continue reading

Daily Market Intelligence 6/4/19

Daily Market Intelligence 6-4-19

Midday Missive

Rotation out of FANG names into Insurers, Banks Industrial and Transports. Midcap has an ORH working along with the XLI & IYT. Amazon hit its first downside objective @ 1704 Resource plays abound with Russia, India ” which had negative … Continue reading

A.M. Look 6/3/19

2 yr. Notes hit and filled its initial gap going back to December 2017 @ 107.057. Oil hit its final objective last night @ 52.40. I’m now expecting a retest of its 200 WMA @ 55.36. A print into the … Continue reading

Daily Market Intelligence 6/3/19

Daily Market Intelligence 6-3-19

Midday Missive

Spoo’s traded the next macro level which is holding. The low in KSU, a surrogate for Mexico has held its 200 DMA and its 50 WMA @today’s low. I’ve nibbled @ EWW from the long side. Spoo pit resistance for … Continue reading

A.M. Look 5/31/19

Play the match game today!!! Spoo is there. Nasd 100 @ 50% level Oil..close enough. 30 Yr. Bond @ 50% level Gold close enough to cautious of the rally. Waiting for Trumps buddies to blow up his phone this A.M. … Continue reading