Pro Tips

A.M. Look 2/20/19

Posted on 02/20/2019

Markets are in park. Amazon put in an ORH yesterday to resistance. Bonds are creeping up. Gold (J) needs to hold above 1342 today. Be patient and wait out the board to see what sector will establish leadership. DAX…hit weekly … Continue reading →

Daily Market Intelligence 2/20/19

Posted on 02/19/2019

Daily Market Intelligence 2-20-19

Midday Missive

Posted on 02/19/2019

MCD..the high of day is fib reistance. A close over 181.50 is needed for more upside. LVS…sold some shares too early @ 60.84 to pay for the trade. Holding LVS 62 H calls Selling calls when LVS trades 63.50 Sold … Continue reading →

A.M. Look 2/19/19

Posted on 02/19/2019

Full Moon Trading (H) March Crude expires tomorrow. (J) April is front month Gold is up $10 following through on its weekly ORH pattern. I am honoring the levels. WMT is up after earnings. Euro put in a pressure relief … Continue reading →

Daily Market Intelligence 2/19/19

Posted on 02/15/2019

Daily Market Intelligence 2-19-19

The Late Show

Posted on 02/15/2019

Positions; Long INTC 20% position with calls Long LVS shares and March 14 62 Calls @.61Long CRON Long GLD March 125 Call @ .83 The Copper Miners COPX or Gold Miners GDX is a way to participate. I bought the … Continue reading →

A.M. Look 2/15/19

Posted on 02/15/2019

Asia Risk off/London Risk On. Spu’s…2746.30 is today’s 200 DMA Nasd 100…7066 is today’s 200 DMA The main feature last night was the Metals rally in London. Copper is attempting an ORH flirting with its 200 DMA. Lumber prices are … Continue reading →

Daily Market Intelligence 2/15/9

Posted on 02/14/2019

Daily Market Intelligence 2-15-19

The Late Show

Posted on 02/14/2019

MCD…the room was alerted to McDonald’s early as our pattern recognition lit up. I loved this for the RIA’ crowd for its dividend and it’s ORH pattern off a big selloff. It’s hit interim resistance @ 176.44. COST, WMT, KMB … Continue reading →

Midday Missive

Posted on 02/14/2019

Chips are bid with profit taking in the Industrials The low looks to be in for the In indces Spu’s back above 2745.50 will attract buyers. I bought CRONOS @ 20.70 LONG INTC 2/22 51 Calls @ .56 cents these … Continue reading →