Pro Tips

Daily Market Intelligence 5/22/19

Daily Market Intelligence 5-22-19

A.M. Look 5/21/19

Chips are leading today’s rebound. Dollar is being bought against the majors with those dollars being placed in U.S. Equities. Spoos are unchanged on the week, the 50X3 will take a print into 2869-70 to turn up. This would be … Continue reading →

Daily Market Intelligence 5/21/19

Daily Market Intelligence 5-21-19

Midday Missive

The rest of the day will be a time frame trade. I have no interest in waiting for the next tweet. MMM is the single chart that crystallizes the Trump negotiating strategy. 3M is on the verge of giving back … Continue reading →

A.M. Look 5/20/19

Spoo’s are into initial support @ 2843.. Looking at the risk spreads in the Spoo & Nasd, which are below their respective 200 DMA’s, I’ not picking a bottom. I’m interested to see if investors bottom fish the Semi’s. Oil … Continue reading →

Daily Market Intelligence 5/20/19

Daily Market Intelligence 5-20-19

Midday Missive

Team Pax with Judd’s room bought the opening Long MSFT with a 128.62 stop. Room members got on the Indices and BA. The late game will be the weekly closes. Currently Nasd is higher on the week with the Spoo’s … Continue reading →

A.M. Look 5/17/19

Yesterday’s SPOO opening range and Pit gap @ 2859.50-61.50 will run the early price action. The gap fill in VXX is 29.27. Bond yields are plunging in the Euro area this A.M. When Bunds,Bonos,Gilts & FBTP’s are in rally mode … Continue reading →

Daily Market Intelligence 5/17/19

Daily Market Intelligence 5-17-19

Midday Missive

Indices were bid out of the gate. Room participants bought upside across the board and Big Cap Tech. I sold my Long VXX @ 29.00 on the opening Spoo’s …the next set of buy stops are above 2893 on the … Continue reading →