Pro Tips

A.M. Look 11/20/18

Chips are getting mauled. There will be no help from retail. AAPL will gap down electing qtrly sell stops on the opening. It will take recovery over 183.42 and a close over 185 to stabilize. Spu’s will need 24 points … Continue reading →

Daily Market Intelligence 11/20/18

The Late Show

AAPL…needs to run the qtrly ORL stops @ 183.42. I’m not looking for a meaningful bounce until the stops are elected.I’m a buyer @ 168 for a bounce. I was in hamster mode this morning and took profit in my … Continue reading →

Midday Missive

Nasd 100 …potential ORL below 6806.25. Nasd /Bonds showing same pattern. Long VXX @ 35.37..using 34.87 stop Amazon…looking for the gap fill @ 1541.

A.M. Look 11/19/18

December (Z) Crude expires today. (F) January is front month. It will be a thin shortened week with most traders minds already out the door for the holiday. Retail looks sick and AAPL cutting production overnight does not help. Full … Continue reading →

Daily Market Intelligence 11/19/18

Daily Market Intelligence 11-19-18

The Late Show

I had the right idea early. Bought FLR well and have since been stopped out. I still like CAT & EMR for higher as the Dollar weakens. 3M is another name that is responding to the Dollar selloff. I have … Continue reading →

Midday Missive

I hopped on Yra’s idea last night and bought FLR in the room @ 46.06 46.75 is initial closing resistance. Semi’s led the early strength. AAPL 192 & 195 calls were in play early. It’s sustaing over its 200 DMA … Continue reading →

A.M. Look 11/16/18

Oil…will need over 58 to turn up on the long-term P&F Spu’s..currently trading 60 points lower on the week will rollover again on the medium-term Point & Figure below 2710. Looking at the weekly chart today’s close seems somewhat meaningless. … Continue reading →

Daily Market Intelligence 11/16/18

Daily Market Intelligence 11-16-18