Pro Tips

Midday Missive

There was a surprising amount of trading in the cash settled Spu’s . The range is likely in for the rest of the day. I won’t be watching the late show. Monday is a half day with early closes. I’ll … Continue reading

A.M. Look 12/21/18

I’m coming into today’s session with an open mind. Typically after today the markets remain parked into the new year. This past qtr has been anything but typical. Indices are down and many of the names are up. You’ll get … Continue reading

Daily Market Intelligence 12/21/18

Daily Market Intelligence 12-21-18

Midday Missive

I’m short MSFT @ 102.40 looking for a stop run. Risking 30 cents! 99.35 are the Monthly sell stops. 98.00 are the qtrly sell stops Looking for Managers to take money in their winners!Spu’s bounced off an old Pit gap … Continue reading

A.M. Look 12/20/18

Tomorrow is Quad witching, Gann day, Winter Solstice and of course the Full Moon on Saturday.Keep your track shoes on!Dollar longs are getting squeezed this A.M. 30 yr. Bonds have quietly rallied all qtr. The daily maps are overbought. Macro … Continue reading

Daily Market Intelligence 12/20/18

Daily Market Intelligence 12-20-18

Midday Missive

Gold broke out above its 200 DMA on Active Daily Continuation. It’s gaining against the Suisse & Yuan I bought UNH @ 253.60 with a dollar stop looking for 263 ish where I will liquidate the position. I bought the … Continue reading

A.M. Look 12/19/18

Mid-Week Shuffle. https://www.whitewavetradingstrategies.com/glossary/ Yra wrote a succinct road map for this afternoon. https://yragharris.com/2018/12/18/k/ He is going to focus on price action in the Long end of the curve. I’m going to be watching the Indices to see if they can … Continue reading

Daily Market Intelligence 12/19/20

Daily Market Intelligence 12-19-18

A.M. Look 12/18/18

Crude..48.50 is the next general level. Then it drops another 2 dollars. Spu’s could rally as high as2590 and not change the short-term picture