Pro Tips

Midday Missive

Shit Show! Not getting involved. Chips are soft with profit taking in service names. Puke food names and Defense contractors were bought on rotation. Sold JD & ACB. Time to give Pot a rest after CRON downgrade. If you’re looking … Continue reading

Midday Missive

JD..added another piece @ 28.64 ZEN,STNE,ZS,PANW ripping These will rally into tr end XLK is very firm. Visa is a leader. I like PSX & CVX in the majors. COP is @ its 200 DMA @ 69.09. Monitor for a … Continue reading

A.M. Look 3/26/19

Looking for the rest of the week to be about positioning in names going into Qtr end Friday. Index downside is limited. DAX, DAX/Bund & Euro Stoxx 50 are treading water just above their respective 50 DMA’s. Nasd/Bond has regained … Continue reading

Daily Market Intelligence 3/26/19

Daily Market Intelligence 3-26-19

Midday Missive

Cronos is leading the Pot stocks for a considerable rally. Earnings are tomorrow before the bell. CRLBF…Cresco; once the 10.50 were lifted its been orbital. Looking for 13 for an initial target above 11.50. They tried the Indices both ways. … Continue reading

A.M. Look 3/25/19

The trade was over by 8:00P.M. CDT last night. Nasd 100…7288 fills the gap on the all session. 7270 the Pit session. Nasd honored the all session gap. Spu/Bond..bounced off its 50 DMA. VXXB..33.91 should line up with a low … Continue reading

Daily Market Intelligence 3/25/19

Daily Market Intelligence 3-25-19

Midday Missive

Today’s Dollar buying translates into positive flows for the Bonds. Match up the next low in the Spu’s with 31.37 in the VXXB. Time Frame trading the rest of the day. Nasd 100 is into support on the 100X3 @ … Continue reading

A.M. Look 3/22/19

It was a weak German story last night with the Bund rallying against the DAX which is Risk Off . At some point the Bund will trade another 60 points higher. EUR/GBP was the feature in the crosses. The stand … Continue reading

Daily Market Intelligence 2/22/19

Daily Market Intelligence 3-22-19