Pro Tips

Midday Missive

Posted on 09/25/2018

Spu…stuck in the middle with you. With Trump set to take the stage at the U.N. I’d say the next wiggle will be lower. AMZN has been a good Indicator for the Indices again today. After hitting resistance and failing … Continue reading →

A.M. Look 9/25/18

Posted on 09/25/2018

Risk spreads are @ new all time highs. Investors will likely keep the Bonds under pressure into the expected Fed rate rise tomorrow afternoon. 30 Yr. Futures…137.30 should be a descent bounce level. Amazon was upgraded with a 2300 PT … Continue reading →

Daily Market Intelligence 9/25/18

Posted on 09/24/2018

Daily Market Intelligence 9-25-18

Midday Missive

Posted on 09/24/2018

Rotation favored the buying of big cap tech and the selling of Dow names. Many like CAT are not done with a needed correction. Equity/Bond spreads show more corrective price action is needed. VXX…resistance starts @ 27.64. It doesn’t have … Continue reading →

A.M. Look 9/24/18

Posted on 09/24/2018

Full Moon Trading Spu’s…looking for 2915 ish as first support. It would take a 2901 print to put in a reversal on the Long-Term P&F, making 2894 the lowest risk buy level. Oil…looking for it to trade from one level … Continue reading →

Daily Market Intelligence 9/24/18

Posted on 09/21/2018

Daily Market Intelligence 9-24-18

Midday Missive

Posted on 09/21/2018

AMZN ran the ORL daily stops. Best pick your poison wisely. Oil double topped for now on a Long-term chart. ALKS…wet my pants and got out early> it just hit the exit level @ 42.10

A.M. Look 9/21/18

Posted on 09/21/2018

Today is a major Gann day with quad witching. It can be a helpful timing indicator. https://www.investopedia.com/articles/trading/08/gann-indicator.asp The Dollar took a break in London with the Pound weakening and Aussie rejecting it’s 50 DMA. Aussie has recently been trading firm … Continue reading →

Daily Market Intelligence 9/21/18

Posted on 09/20/2018

Daily Market Intelligence 9-21-18

Midday Missive

Posted on 09/20/2018

ALKS..bought this in the room @ 40.10. Looking for 42.50. GOOGL..resistance is 1200 AMZN… resistance is 1950 VIRT…was featured in Notes for the underground. I like yesterday’s low. It’s a low risk look for about 20-30 cents @ 22.00