Pro Tips

A.M. Look 6/4/19

Posted on 06/04/2019

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

Posted on 06/03/2019

Daily Market Intelligence 6-4-19

Midday Missive

Posted on 06/03/2019

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

Posted on 06/03/2019

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

Posted on 05/31/2019

Daily Market Intelligence 6-3-19

Midday Missive

Posted on 05/31/2019

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

Posted on 05/31/2019

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 →

Daily Market Intelligence 5/31/19

Posted on 05/30/2019

Daily Market Intelligence 5-31-19

Midday Missive

Posted on 05/30/2019

The capital flow ended a few minutes early today with the failure Of the Spoos and many correlated names like MSFT failing just shy of their breakdown gaps from yesterday. This is not price positive the Indices. Below is a … Continue reading →

A.M. Look 5/30/19

Posted on 05/30/2019

The upside and the downside has been delineated. I’m just waiting to see if the Spoo 200 DMA can produce more than a 14 point bounce. Short term traders should wait for the U.S. session to set up before getting … Continue reading →