Pro Tips

A.M. Look 8/14/18

Spu’s…are caught between 2820-2844. You’ll need a breakout of this range to see further price movement. Given its August, caution should be exercised at the extremes. Pressing direction at the extremes looking for follow through is unwise. Oil..is the poster … Continue reading →

Daily Market Intelligence 8/14/18

Daily Market Intelligence 8-14-18

A.M. Look 8/13/18

Spu’s have put in the reversal I was hoping to see with a 2820.50 print. It will take sustained price action in the teens for lower Euro decline has stalled all night @ the 200 WMA. It will take sustained … Continue reading →

Daily Market Intelligence 8/13/18

Daily Market Intelligence 8-13-18

Midday Missive

U.S. session risk spreads look worse than the 24 hr sessions. The spreads look similar to the SPY with a 3 day Island top currently trading into its averages. A couple non-correlated names like Square saw some inflows. Not interested … Continue reading →

A.M. Look 8/10/18

I was a scaled seller of Long VXX last night from 29.47. The final offer for the lastĀ  third was @ 29.87. I was not filled. VIX hit resistance as the Risk Spreads traded into their respective 21 DMA’s. Oil … Continue reading →

Daily Market Intelligence 8/10/18

Daily Market Intelligence 8-10-18

Midday Missive

I bailed on my VXX Long just after the opening. DBX…Dropbox is being bought into this afternoon’s earnings. So is OLED with AAPL & AMZN leading the tech charge       AAPL…big 210 option open interest DBX…

A.M. Look 8/9/18

Dog Day Afternoon There is nothing going on in the Index world. KIWI got crushed last night against the Euro & Aussie. RBNZ news The early session has been getting going later due to juniorĀ  traders manning the desks as … Continue reading →

Daily Market Intelligence 8/9/10

Daily Market Intelligence 8-9-18