Pro Tips

A.M. Look 8/7/18

DJI…is set up to challenge the January weekly reversal. Buy stops are @ 26,003. 25,975 is the exit zone and  closing hurdle for another up move Risk spreads are positive.

Daily Market Intelligence 8/7/18

Daily Market Intelligence 8-7-18

Midday Missive

Facebook led early. NVDA, SMH & AMZN will be the feature this afternoon. All have potential ORH patterns NVDA…ORH pattern working above 253.06 AMZN…

A.M. Look 8/6/18

Spu’s …Point & Figure chart shows 2817 will be support and the closing downside pivot. DAX…is showing a possible ORH day on the back of a stronger Dollar. Sustained and closing price action above 12,760 is needed to believe the … Continue reading

Daily Market Intelligence 8/6/18

Daily Market Intelligence 8-6-18

Midday Missive

Midday Missive Judd, here is your Midday Missive.  One big defensive rotation. Names like PSA, MO. XLU & XLP have been bought against tech. Spu’s are being bought against Russell Silver & Gold rallied with the Bonds…I don’t believe in … Continue reading

A.M. Look 8/3/18

Gold.. I have no reason to own it. 1205 can stall the fall. The qtrly chart shows mvg avg support around 1180. EURJPY is getting hung up @ it’s 50 DMA. This is stalling the Euro selloff. Today is typically … Continue reading

Daily Market Intelligence 8/3/18

Daily Market Intelligence 8-3-18

Midday Missive

Nasd 100 is putting in an ORH pattern led first by AAPL and now AMZN MSFT, SMH &  SHOP are notable preformers. FB is up although lagging. This should test 181 at some point. EP/ENQ…Spu/Nasd shows Nasd has regained leadership … Continue reading

A.M. Look 8/2/18

Bank of England raised rates. Dollar is stronger across the board. Euro has a pattern which could follow through to the downside Nasd 100 is putting in a flag on the long-term P&F. Indices are into bounce zones. HON…I’ll be … Continue reading