Pro Tips

The Late Show

Posted on 07/23/2018

GOOGL is putting in an ORH daily pattern targeting the 1270’s Options are expensive. Lincoln Financial is a low volatility Financial that responded well today’s Bond selloff. Banks with big private Wealth books have led all day. NTRS & JPM..Look … Continue reading →

A.M. Look 7/23/18

Posted on 07/23/2018

LPNT is up on a buyout. HAS is up almost 9%. Earnings season is in full swing. Looking for muted trade ahead of GOOGL after the close. OIl…(U)..6940 should act as initial resistance.

Daily Market Intelligence 7/23/18

Posted on 07/20/2018

Daily Market Intelligence 7-23-18

Midday Missive

Posted on 07/20/2018

The Banks led by JPM like the lower Bond Futures, higher yields. NXPI is currently showing an ORH pattern with big open interest @ 113 for next Friday. I would not advise getting into the options although I would look … Continue reading →

A.M. Look 7/20/18

Posted on 07/20/2018

Trump Tweet on increasing tariffs on China to 500 Bil gave the Spu’s the initial back and fill I was looking for. For long-term pressure release, the current retrace level is in the low 2770’s The tweet also hit the … Continue reading →

Daily Market Intelligence 7/20/18

Posted on 07/19/2018

Daily Market Intelligence 7-20-18

Midday Missive

Posted on 07/19/2018

Spu’s will need a 2795 print for pressure release back and fill on the medium-term Point & Figure. Comcast Disney & AAPL are holding up against the rest of the board. Spu/Bonds put in a higher high and are reversing … Continue reading →

A.M. Look 7/19/18

Posted on 07/19/2018

PBOC weakens Yuan is the overnight headline The Dollar is bid along with slightly higher U.S. yields ( lower Bond Futures) September Oil (U) trade @ a $120 discount to August. August contract expires tomorrow. Lumber is getting oversold on … Continue reading →

Daily Market Intelligence 7/19/18

Posted on 07/18/2018

Daily Market Intelligence 7-19-18

Midday Missive

Posted on 07/18/2018

The low is in for the day. XLI is breaking out above its 200DMA Dji and big cap names have been gaining on the small caps for days. NFLX put in a Wednesday low. Look for higher once through 384. … Continue reading →