Pro Tips

Daily Market Intelligence 5/13/19

Posted on 05/10/2019

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

Midday Missive

Posted on 05/10/2019

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

Posted on 05/10/2019

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

Posted on 05/10/2019

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

Posted on 05/09/2019

Daily Market Intelligence 5-10-19

Midday Missive

Posted on 05/09/2019

  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

Posted on 05/09/2019

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 →

A.M. Look 5/9/15

Posted on 05/09/2019

I’m going to key off the Dow Jones low of last night. Closing much below that level will trigger a bigger risk off event. Spoo’s currently need back into the mid 80’s to confirm a possible hold. Nasd 100…is at … Continue reading →

Daily Market Intelligence 5/9/19

Posted on 05/08/2019

Daily Market Intelligence 5-9-19

Midday Missive

Posted on 05/08/2019

CVS put in a nice low. IBB ran the monthly ORL sell stops and reversed. Bullish EXEL put in a tradable low. Chips were bought early. I bought AMD May 28 Calls ..currently flat the calls Gold rolled over leaving … Continue reading →