Pro Tips

Midday Missive

Spu’s need to sustain over 2585 for higher. JPM is showing an ORH pattern. GS was bid out of the gate. COF has pattern follow through FDX is the low risk name for higher. UNH was bid in front of … Continue reading

A.M. Look 1/14/19

Weak China #’s started the profit taking in the Indices last night. Natgas is the big mover overnight. It could easily rally to 3.70 again. Spu’s…

Daily Market Intelligence 1/14/19

Daily Market Intelligence 1-14-19

Midday Missive

Oil is running the show. 51.37 is today’s ORL# Stops were just run. Spu’s have yet to rollover in the P&F NFLX is above its 200 DMA with three gaps higher, which in classic technical trading is a potential exhaustion … Continue reading

A.M. Look 1/11/19

The overnight story is the weakening Dollar. Shcomp was up with the Yuan and the Aussie. Even the Pound caught a bid. TLRY is up big after announcing the investment firm would not dump their stock when the shares float. … Continue reading

Daily Market Intelligence 1/11/19

Daily Market Intelligence 1-11-19

Midday Missive

Dow names are holding up led by DE, CAT, LMT Semiconductors held an initial downdraft. Pot names were the early ticket to ride. Most names gave you a wiggle both ways. The early lows are now the line in the … Continue reading

A.M. Look 1/10/19

Home-builders and Pot Stocks are the early movers Spu’s will need price action under 2560 to break anywhere

Daily Market Intelligence 1/10/19

Daily Market Intelligence 1-10-19

Midday Missive

Oil should come down to test its Pit gap @ 50.08 The long term P&F showed that there was another potential dollar left to the upside. The up looks over. I’ve exited all TLT short exposure. Not particularly well , … Continue reading