Pro Tips

Midday Missive

Mixed bag. Energy names led by the integrated are ripping. Semi’s & AAPL have been bid all A.M. NVDA was the star stopping @ its 50 DMA. Sector rotation out of defensive names is keeping the Indices range bound for … Continue reading →

A.M. Look 6/26/19

It’s shaping up to be a morning to let the market tell us what is what. Bitcoin and Oil are the two instruments that have responded the way I thought. 13,500 is the .618 of the life of Bitcoin Futures. … Continue reading →

Daily Market Intelligence 6/26/19

Daily Market Intelligence 6-26-19

Midday Missive

Sold all of My Long 25 Aug 16 GDX calls @ 1.82 average. Rolled 1/2 into Aug 16 27 GDX calls @ 80 cents Nasd 100/Bond into its 200 DMA Spoo will need a print into the 2921 ish to … Continue reading →

A.M. Look 6/25/19

Time for a little money management. I’ll be rolling up the August 25 GDX calls this A.M. After a $100 vertical move in Gold it’s the prudent play. SNB woke up to a strengthening Suisse last night. Looks like they … Continue reading →

Daily Market Intelligence 6/25/19

Daily Market Intelligence 6-25-19

Midday Missive

Oil…daily ORL sell stops are @ 56.66. This level will be pivotal for the next swing. LITE, INTC & NVDA are firm. Spoo & Nasd 100 are being bought against the Russell & Midcap. Trailing stops for the Russell …caution … Continue reading →

A.M. Look 6/24/19

“Gold is rallying not on inflation expectations but rather on the perception that Central banks have lost control of their Zero & Negative rate policies.” Yra Bitcoin has just completed a 50% retrace for the life of the contract from … Continue reading →

Daily Market Intelligence 6/24/19

Daily Market Intelligence 6-24-19

Midday Missive

  EUR/CHF shows all is not right in Europe. Spu’s have trades the target for the second time from 2017. Until i see two closes in a row over that level, it’s a trade what you see affair. Sold GDX … Continue reading →