Pro Tips

Daily Market Intelligence 3/19/19

Daily Market Intelligence 3-19-19

Midday Missive

AMZN it has pierced its 200 DMA @ 1730. Look for breaks back into 1730 to hold and match up with the Indices. 1775 is resistance with the really big stuff coming in just shy of 1800. Spu’s Looking for … Continue reading

A.M. Look 3/18/19

I’ve rolled my spreads to June /June. They are showing a Risk on bias. Spu’s…I’m a willing buyer of a 20 point break for short and intermediate trading.. Aurora Cannabis..an article of CEO ownership shows that ACB has the highest … Continue reading

Daily Market Intelligence 3/18/19

Daily Market Intelligence 3-18-19

Midday Missive

Semi’s are leading along with the Oil refiners. I bought and Sold NXPI in the room. Long PBR…I added to this position on the opening. Long AMAT March 22 Calls @ .98 cents with a breakeven stop. Spu/Bond is below … Continue reading

A.M. Look 3/15/19

Asia responded to A China news article that the trades talks were progressing. ULTA is trading @ 327 ish in pre market, which is @ the daily oscillator level. LRCX shows continued strength. Amazon is trading just above 1705. The … Continue reading

Daily Market Intelligence 3/15/19

Daily Market Intelligence 3-15-19

A.M. Look 3/14/19

This is already setting up to be a day to keep your powder dry. Aussie and it’s crosses stalled and sold off again in Asia. Yuan pretty much says it all; trade deal postponed = Yuan weakening Indices will in … Continue reading

Daily Market Intelligence 3/14/19

Daily Market Intelligence 3-14-19

A.M. Look 3/13/19

ACB…Aurora added Nelson Peltz to its board now trading 7% higher. I will look at this late day given its Wednesday and I don’t like chasing late day strength in a Bull Market. Gold and Platinum rallied against the Euro, … Continue reading