Pro Tips

A.M. Look 4/4/19

Despite weak German Data the DAX is up. SHCOMP has followed through higher. Spoo’s will take a 2862 print for a pressure release reversal in the 50X3 P&F. Translation; Wait and see. I will be out in the afternoon.

Daily Market Intelligence 4/4/19

Daily Market Intelligence 4-4-19

A.M. Look 4/3/19

Nasd 100 will be my barometer today. I will be selling 80% of my QQQ Calls bought on the close yesterday @ my target just shy of 7600. I will be exiting 1/2 my 288 Spy calls for Friday as … Continue reading →

Daily Market Intelligence 4/3/19

Daily Market Intelligence 4-3-19

A.M. Look 4/2/19

Nasd 100…daily oscillator support is 7470 Oil…61.67 200 DMA, 62.58 50 WMA matching cloud & long-term P&F resistance. Tomorrow is the important day of the week for Oil. Mexico (EWW and the Peso) need another day to confirm more upside. … Continue reading →

Daily Market Intelligence 4/2/19

Daily Market Intelligence 4-2-19

Midday Missive

Bond Futures Lower = Financials rip Oil is firm. LONG PBR April 18 16 Call @ .67 cents. I’ve been out of the name from higher. Bought the calls to keep margin free. Industrials are being led by CAT Transports … Continue reading →

A.M. Look 4/1/19

Don’t get nuts about missing something. After NYSE opens we’ll see how much individual name buying converts to additional strength in the Indices. You’ll have gaps back @ the qtrly closes. Be patient looking for back and fill. It doesn’t … Continue reading →

Daily Market Intelligence 4/1/19

Daily Market Intelligence 4-1-19

VKTX

I sold 1/3 here @ the 50 WMA I have a resting order to sell another 30% @ 10.69, just shy of its 200 DMA. This move is vertical for 20% in less than 4 hours. Looking for this to … Continue reading →