Pro Tips

Midday Missive

LONG CRON 22 Calls for this Friday @ .33 Long XLE Long FCX Oil names have been featured in the room. CVX,XOM, PSX,VLO I bought XLE for the basket. QCOM looks great for the 5G play

A.M.Look 3/12/19

Yesterday was a rare day in that the Spoo’s rallied in a straight line all day without so much as a 5 point pullback. The March contract rallied to perfect Point & Figure resistance last night. Euro has confirmed the … Continue reading

Daily Market Intelligence 3/13/19

Daily Market Intelligence 3-13-19

Daily Market Intelligence 3/11/19

Daily Market Intelligence 3-11-19

A.M. Look 3/8/19

Gold/Currency crosses walk up around midnight. China ran into finally released to the downside taking all Bourses with it. The later in the day it gets without recovery in the Indices over their weekly ORL #’s the buyers will go … Continue reading

Daily Market Intelligence 3/8/19

Daily Market Intelligence 3-8-19

Midday Missive

Spu’s 2748.50 is the 50 WMA. I’m using March levels. Closing below 2752 Spu and 7044 Nasd 100  will keep me looking for lower in Indices Both IBB and the Indices are into in initial mvg avg weekly support.

A.M. Look 3/7/19

RBOB gasoline has poked up above its 200 DMA On Venezuela & Iran sanctions. Spu’s…the levels are straightforward. Resistance is 2784 per 25X3 then 2794 It would take closes over 2794 to turn up per 50X3 P&F 2752 is the … Continue reading

Daily Market Intelligence 3/7/19

Daily Market Intelligence 3-7-19

Midday Missive

The operative question is that the low for the rest of the week. LYB..is a chemical company that Goldman has been promoting. I’m still in VIPS & CRON calls. I bought a little ACB @ 8.14 on the open in … Continue reading