Pro Tips

A.M. Look 10/30/18

Aussie is up against the Yuan. The yearly chart shows that the Aussie should be sold @ 71.64 (the yrly ORL #) with a tight stop. Euro is seeking its 200 WMA @ 113.15 The rising long end of the … Continue reading

Daily Market Intelligence 10/30/18

Daily Market Intelligence 10-30-18

October Update

October Update Good day, here is WhiteWave’s October 2018 Update                                                        Context As is typical with market corrections, they seemingly come out of nowhere catching most investors off-guard. This most recent correction which began early October was no … Continue reading

Midday Missive

Rally to nowhere! Both the Spu & Nasd 100 just retested their respective Qtrly ORL #s. 2698.50 Spu 6987.50 Nasd 100 Until you see closes over these levels you don’t have a bottom. AMZN rejected its 200 DMA @ 1665 … Continue reading

A.M. Look 10/29/18

RHT is up 50% on IBM buyout. Brazil is up big on election with PBR leading. Risk spreads back above their respective 200 DMA’s. SMH..Semi’s up close to 4% Bund/BTP reflecting reduced overnight strains within Europe. The spread is out … Continue reading

Daily Market Intelligence 10/29/18

Daily Market Intelligence 10-29-18

Daily Market Intelligence 10/26/18

Daily Market Intelligence 10-26-18

A.M. Look 10/25/18

Spu’s …so far the bounce was 5 points shy of putting in a reversal. I need to see a close over 2700 for stabilization. Nasd 100 could rally back to its 200 DMA @ 7077 on good AMZN earnings. AMZN…1678 … Continue reading

Daily Market Intelligence 10/25/18

Daily Market Intelligence 10-25-18

The Late Show

My current bias would be to look for failed 30 + point rallies in the Spu’s to sell Selling weakness is not a good idea. Nasd 100 closing under 6987.50 is negative. Spus..that same # is 2698.50. Failing to hold … Continue reading