Pro Tips

Midday Missive

Back and fill time. LRCX & AMD have both reached initial targets. The board is reversing in the Bonds and currencies. Profit taking will ensue across risk assets.

A.M. Look 7/27/18

Full Moon Trading is upon us. Clear your crystals and break out your Ouija board. Is all the good news out of the way? Are we in for a grind? I’m not bearish although I don’t see the rational for … Continue reading

Daily Market Intelligence 7/27/18

Daily Market Intelligence 7-27-18

Midday Missive

Euro..showing an ORL pattern by sustained price action below 116.64. Typical ECB price action. Look for a stronger dollar across the board going into today’s FX close. DJI & Midcap were bought all A.M. against Nasd names. Disney, Rails, Insurers … Continue reading

A.M. Look 7/26/18

Facebook..give it time to digest to see possible bottoming action. Monthly and quarterly momentum lies in the mid 160’s. This is the long-term trend hold area. PayPal …has the same 2-day island as FB. PYPL has a greater chance to … Continue reading

Daily Market Intelligence 7/26/18

Daily Market Intelligence 7-26-18

July Update

                                                 What’s Next? Our July view of the market condition was that the Indices remain in a Bullish trend. We maintained a Risk On bias with a focus on technology. Now that upside targets are being hit in the Indices … Continue reading

Midday Missive

Spu’s hit their objective @ 2830. We’re in back and fill mode. Gap trading abounds across a wide array of names and Indices. With Trump defending Tariffs and the Chinese set to rule on the Broadcom deal tonight, Investors are … Continue reading

A.M. Look 7/24/18

Spu’s…2812.50 will be the early point of control. IBB is making new highs on the back of Biogen’s earnings. WWE has been upgraded with a 100 PT AAPL..MS upgraded the PT to 232. GOOGL…will have a $40 gap up. In … Continue reading

Daily Market Intelligence 7/24/18

Daily Market Intelligence 7-24-18