Pro Tips

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

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