Pro Tips

Daily Market Intelligence 10/9/18

Posted on 10/08/2018

Daily Market Intelligence 10-9-18

October Update

Posted on 10/08/2018

                                                   ForecastOctober volatility is upon us with the biggest correction in U.S. Indices since April. The rout was led by the Russell after income averaging funds finished first of quarter buying. The dislocation in the Bond market has investors re-weighting … Continue reading →

Midday Missive

Posted on 10/08/2018

I tried one Long in the XLY against my Long VXX calls. I pushed the trade losing $1 dollar after commissions. XLY ..failed to get anything going above the weekly close. Adios. I need to see Consumer Discretionary bottom for … Continue reading →

A.M. Look 10/8/18

Posted on 10/08/2018

Risk spreads have been doing a small correction. With the Long end of the curve (30 Yr. Bonds) short-term extremely oversold as it approaches its 50 Qtr MA I’M  defensive Equity Indices I have Bull VXX spreads out into the … Continue reading →

Daily Market Intelligence 10/8/18

Posted on 10/05/2018

Daily Market Intelligence 10-8-18

Midday Missive

Posted on 10/05/2018

Indices are still a wait and see game for late day. MY bias is to sell rallies. Have bought VXX call spreads out into November The money is flowing into BRKA. Amazon and XLY have failed at their Mvg averages … Continue reading →

A.M. Look 10/5/18

Posted on 10/05/2018

It’s payrolls Friday with the Spu’s & Nasd 100 in decision mode. A mid-week shuffle high and the Indices are flirting with monthly reversal lower closes. This portends possible trend change. Spu’s would need to sustain higher on the month … Continue reading →

Daily Market Intelligence 10/5/18

Posted on 10/04/2018

Daily Market Intelligence 10-5-18

The late Show 10/4/18

Posted on 10/04/2018

Sushi is hitting fan! Spu…double topped on qtrly chart. Below 2907 the market is a no buy AAPL..225 is the bounce zone

Midday Missive

Posted on 10/04/2018

XLY has topped. Spu’s are eyeballing the low 2590’s for a reversal on the 50X3 You have another hour left in this capital flow before things can stabilize. The street is hiding out in Berkshire