Pro Tips

A.M. Look 11/13/18

Spu’s will require a 2765 print for a reversal higher on the 50X3 P&F. There they will run into resistance. Oil…60.10 was last years close. Last month was an ORL. 64.43 is 12/31 qtrly ORL # 58.07 is the semi … Continue reading

Daily Market Intelligence 11/13/18

Daily Market Intelligence 11-13-18

Midday Missive

Long-term investors will need their depends. Indices have broken down. I’ve spent the first few minutes of the day exiting all positions that were not preforming. XLE…Oil up and the Calls and ETF rolls over. Adios baby. Took a .28 … Continue reading

A.M. Look 11/12/18

Spu’s …Point & Figure is stuck between 2772- 2804. Risk spreads are trading heavy. Brexit news keeps the Dollar bid with Euro running its macro sell stops. Natgas is up again after breaking out of a 3 year consolidation the … Continue reading

Daily Market Intelligence 11/12/18

Daily Market Intelligence 11-12-18

Midday Missive

Spu’s..looking for a 2772 print to see a reversal on the 50X3 Will try a small long for a bounce only @ 2765 the 200 DMA. Manage it. Only looking for a bounce/Not a trad able long-term level

A.M. Look 11/09/18

Nasd 100 challenged its 200 Daily continuation overnight. There is a pit gap @ 7061.75-7034.75. Spu & Dow remain strong against Nasd EP/ENQ Spu’s put in a pressure relief reversal. The dollar has a slight bid tone to end the … Continue reading

Daily Market Intelligence 11/9/18

Daily Market Intelligence 11-9-18

Midday Missive

A few names are preforming well. LNG,AMZN, WTW & JPMI’m waiting for the late show to see how things sort out. JPM…breaking above its 50 & 200 DMA cross. Will entertain being long after the Fed Minutes.

A.M. Look 11/8/18

Keep your trading shoes on. Spu’s will take a 2794 print to put in a reversal on the 25X3 Point & Figure. I’m going to wait for a reversal and price action into the 2780’s before I start entertaining longs … Continue reading