Pro Tips

A.M. Look 1/9/19

Not surprising that Oil names are up. Spu’s & Nasd 100 are trading near yesterday’s open. Midcap & Russell are higher. Nasd/Bond is at Fib resistance. Wednesday rules apply. Pay attention to Amazon. TLT…I’ll be peeling shorts off into 120.70

Daily Market Intelligence 1/9/19

Daily Market Intelligence 1-9-19

Midday Missive

Names have backed off to fill their respective gaps. Nasd 100 gave the reversal on the Lonr-Term P&F I’m looking for the Spu’s to trade into the mid to low 2530’s for a reversal on the Long-Term P&F It took … Continue reading

A.M. Look 1/8/19

Best Buy (BBY) & Union Pacific (UNP) are higher and worth a look early. AMZN is into weekly 50 WMA resistance @ 1662 Nasd 100…350 points in a straight line from 5/17 was one of the biggest moves without 100 … Continue reading

Daily Market Intelligence 1/8/19

Daily Market Intelligence 1-8-19

Midday Missive

Midcap & Russell have been bid all A.M. XRT, XLB & XLB are bid with Consumer Discretionary breaking out (XLY) GOOGL is bid above 1059 ROKU garnered more favor this A.M. as traders coming back bid up the name. It … Continue reading

A.M. Look 1/7/19

Indices and Risk spreads rallied tho their respective 21 day mvg averages and rejected. The Nasd 100 overnight high is more important to me than Spu’s Gold/Yen held its 200 DMA last night. Gold/Euro  retested the breakdown patterns from Friday … Continue reading

Daily Market Intelligence 1/7/19

Daily Market Intelligence 1-7-19

Midday Missive

Outside reversal pattern abound. GoldnEuros…Gold topped! The world follow the 30 Yr. on Payrolls Friday Spu/Bond ORH along with all major indices worldwide. Looking @ 2526 Spu for initial price rejection.

A.M. Look 1/4/19

Nasd, Spu’s and the Equity /Bond spreads are all at resistance. The indices will need to sustain above yesterday’s highs to suck in buyers. Oil strength is helping the Indices.