Pro Tips

Daily Market Intelligence 5/14/19

Daily Market Intelligence 5-14-19

Midday Missive

Looking to sell hard mid-week rallies in the Indices. AAPL…188.38 is the Monthly ORL Grains expiration’s tomorrow.  MAY Soybeans and Corn. Traders and investors have been querying me for weeks about buying the beans. Today is the day to lead … Continue reading

A.M. Look 5/13/19

Yuan is heading towards 7. Gold and Bitcoin as the big winners against the currency as Chinese investors seek haven assets. RDSA is back at the top of its range as yield hungry investors seek to ride out the Trump … Continue reading

Daily Market Intelligence 5/13/19

Daily Market Intelligence 5-13-19 Daily Market Intelligence 5-13-19

Midday Missive

The early show was run by AMZN running its daily ORL stops and holding. Oil ran it’s weekly stops @ 62.99 bottoming at its 50 WMA. Above 63 late day will be supportive of the Indices. Energy names have blown … Continue reading

Midday Missive 5/10/19

Russell just ran its daily ORL sell stops. Nasd 100 held @ my 50% target level from yesterday matching the high of its pit gap from 5/1 …7445-7410 gap. Nasd 100/Bond 200 DMA & cloud support is @ 4977. Whether … Continue reading

A.M. Look 5/10/19

Trading will be instrument specific/level specific. Asia was optimistic about a trade agreement as evidenced by the Shanghai Comp price action. Spoo’s are trading below its 50 DMA and Spoo/Bond below both major mvg averages. Spoo…2890 is clear resistance on … Continue reading

Daily Market Intelligence 5/10/19

Daily Market Intelligence 5-10-19

Midday Missive

  FANG names and Railroads have been strong all A.M. I’m looking for strength into late Thursday In XLK. Midcap and Russell are weak against everything

Midday Missive

Spoo’s filled qtrly gap. The current reversal level for the SPOO is @ 2862 ish. Not looking for that to happen. Nasd 100 has another 60 points to go before we see a descent bounce. Euro is screaming against all … Continue reading