Pro Tips

Midday Missive

Posted on 01/16/2019

Amazon led early to test its 200 DMA. IBB elected the buy stops above its 200 DMA EXEL failed to extend as UNH hit its target @ 261. MSFT gaping above its 200 DMA seems to be the value trade. … Continue reading →

A.M. Look 1/16/19

Posted on 01/16/2019

United Airlines beat giving a bid to the rest of the sector. BAC beat trading 4% higher. Equity Bond spreads are positive. 30 yr futures have room to 144.10 the bottom of the weekly cloud. Oil went to P&F resistance … Continue reading →

Daily Market Intelligence 1/16/18

Posted on 01/15/2019

Daily Market Intelligence 1-16-19

Midday Missive

Posted on 01/15/2019

Tech and Healthcare. Service names have been on fire since the open. WDAY,CRM,ADSK,SHOP I have no interest in contra trend trading until the Spu’s trade into 2626-30, a place you could manage risk. Microsoft has broken back above its 200 … Continue reading →

A.M. Look 1/15/19

Posted on 01/15/2019

Proposed China Stimulus via tax cuts rallied Asia. Europe saw sustained selling over Brexit. The vote is scheduled around London’s close. JPM misses and is currently trading @ yesterday’s low. Oil names should be a descent trade today. Spu’s made … Continue reading →

Daily Market Intelligence 1/15/18

Posted on 01/14/2019

Daily Market Intelligence 1-15-19

Midday Missive

Posted on 01/14/2019

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

Posted on 01/14/2019

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

Posted on 01/13/2019

Daily Market Intelligence 1-14-19

Midday Missive

Posted on 01/11/2019

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 →