Pro Tips

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 →

Daily Market Intelligence 11/8/18

Daily Market Intelligence 11-8-18

Midday Missive

Service names have been bought all morning. SQ, PYPL, WDAY, CRM, NOW, MSFT, AMZN & Google. It comes down to the afternoon session to see if we rally from a rally. GOOGL..has the cleanest looking chart for higher

A.M. Look 11/7/18

The markets have spoken. If you look at a chart of Clinton & Obama years you know the Equity markets flourished under the Dems. I remain committed to the Pot stocks. More states will be legalizing. Nasd 100…7154 is weekly … Continue reading →

Daily Market Intelligence 11/7/18

Daily Market Intelligence 11-7-18

Midday Missive

CRON…sold 1/2 the DEC 8 Calls @ 1.90 to pay for the trade. Looking for 9.75 and higher. WTW stopped out @ 51.25…+$2.55/share