Pro Tips

Midday Missive

Posted on 02/08/2019

There were a lot of lottos being played via today’s expiring Puts in the Spy. Financials are awful along with the Insurers. Service names and Finntech have been bid early FB,NFLX AAPL are holding. CME rallied to resistance. Europe and … Continue reading →

A.M. Look 2/8/19

Posted on 02/08/2019

Euro…113.32 is the 200 WMA Midcap 400 is the one U.S. Index that is still trading unchanged on the week. Amazon is just shy of a 30% retrace from the XMAS low. SOXX…is close to breaking down. SMH broke down … Continue reading →

Daily Market Intelligence 2/8/19

Posted on 02/07/2019

Daily Market Intelligence 2-8-19

Midday Missive

Posted on 02/07/2019

Bombs away! DJI…anything into 25,000 is a cover for shorts. Expect a bounce out off that level Spu’s finally gave us a 50 Point reversal. The lower chart is a 100X3..that needs 95 points off the high to reverse. We … Continue reading →

A.M. Look 2/7/19

Posted on 02/07/2019

I covered my short Spu, which I sold just after the Globex opening, @ 2710.75 As of now 2714 seems to be capping the Index. I still have Puts bought late yesterday on the table. I got the reversals in … Continue reading →

Daily Market Intelligence 2/7/19

Posted on 02/06/2019

Daily Market Intelligence 2-7-19

The Late Show

Posted on 02/06/2019

I pitched Disney just after the open and ran my hedges into 112.69. Sold SLB on the opening. LONG VXXB @ 33.46 I’m looking for at least a 100 Points lower off today’s high in the Nasd 100 Spu’s would … Continue reading →

Midday Missive

Posted on 02/06/2019

I pitched Disney just after the open and ran my hedges into 112.69. Sold SLB on the opening. LONG VXXB @ 33.46 I’m looking for at least a 100 Points lower off today’s high in the Nasd 100 Spu’s would … Continue reading →

A.M. Look 2/6/19

Posted on 02/06/2019

Australian Dollar got hit on RBA policy shift. Dow Jones/Bond is trading at its 200 DMA The spread is a caution sign to not chase upside on a Wednesday into this level. Let the session set up. Trade the names … Continue reading →

Daily Market Intelligence 2/6/18

Posted on 02/05/2019

Daily Market Intelligence 2-6-19