Pro Tips

A.M. Look 1/25/19

China took the lead last night with South Korea, Taiwan, SHCOMP & Hong Kong higher. A Davos Bloomberg interview with the man tasked to reform Brazil was very upbeat. saying he would close the budget deficit by year end. Nasd … Continue reading →

Daily Market Intelligence 1/25/19

Daily Market Intelligence 1-25-19

Midday Missive

It’s a name game. Indices want to grind higher Chips led early NFLX is set up to run the near term buy stops @ 331.75 LMT,BA & GD are the low risk longs. Defense. PYPL..92.35 is the weekly ORH#

A.M. Look 1/24/19

Yields on both sides of the Pond are pressing lower in to Draghi speech and press conference @ 7:30 CDT. DAX & U.S. equities are pressing higher as well. U.S. is driven by the strength of Chip earnings. Euro traded … Continue reading →

Daily Market Intelligence 1/24/19

Daily Market Intelligence 1-24-19

Midday Missive

Long Jan 30 262 Spy Puts @ 1.91 Not going to give it much. Manage your risk! Lots of sector rotation with names like WDAY making new all time highs. Semi’s act tired. I bought and sold SMH for a … Continue reading →

A.M. Look 1/23/19

China and Japan announced stimulus last night. That flipped the board from risk off to risk on. Oil Inventories are tomorrow/not today. Wednesday rules apply

Daily Market Intelligence 1/23/19

Daily Market Intelligence 1-23-19

The Late Show

Petrobas update…I bought PBR last week @ 15.18. I sold 1/2 # @ 15.55 Friday I just sold the rest @ 15.07. I’m brain damaged from the day off. Brazil looks like it want s to go another dollar lower. … Continue reading →

Midday Missive

Nothing like a little Full Moon trading. A full pattern retest in the Spu’s would see a 2626.70 retest matching its 50 DMA. It’s as good a level to cover shorts and play for a bounce for daytraders. Longer-term we … Continue reading →