Pro Tips

Daily Market Intelligence 1/4/19

Daily Market Intelligence 1-4-19

Midday Missive

AAPL..141.83 is 200WMA…140.88 50 MMA Eventually AAPLE should retest 127-122 gap GOOGL ran the early rally to nowhere by sweeping the tops above its 50 DMA and rolling over. Expect market weakness into the afternoon session. Oil failed!

A.M. Look 1/3/19

Indices are trading within points of where they opened yesterday. Equity/Bond spreads and the Indices are sitting on momentum & oscillator support Sustaining below those levels will elect further selling. It’s a must hold level. Holding the weeks lows will … Continue reading

Daily Market Intelligence 1/3/19

Daily Market Intelligence 1-3-19

Midday Missive

Most charts look the same. Healthcare is being sold with buyers in GS, beaten up energy & gaming names. I bought the Spy out of the gate and exited a little early capturing 10 S&P points. I’ll look back on … Continue reading

A.M. Look 1/2/19

The world did not respond well to weak China PMI #’s and the European angst last night. Last night’s lows in the Spu’s and Mini Dow tested momentum support. Those lows ( 2452.25 & 22,786) will have to be closed … Continue reading

Daily Market Intelligence 1/2/19

Daily Market Intelligence 1-2-19

Daily Market Intelligence 1/2/19

Daily Market Intelligence 1-2-19

Daily Market Intelligence 12/31/18

Daily Market Intelligence 12-31-18

A.M. Look 12/28/18

The bulk of the charts all have the same pattern as the Spu’s. They are all poked out over their moving averages. Oil inventories are this A.M. A build could precipitate another small bout of Risk Off. From a trading … Continue reading