Pro Tips

A.M. Look 7/18/18

CSX & MS are up on good earnings. The Grains are acting well on the back of a stronger dollar. I’m expecting a back and forth rotational day after yesterday’s one way trade.

Daily Market Intelligence 7/18/18

Daily Market Intelligence 7-18-18

A.M. Look 7/17/18

Nasd 100 is looking a little rough around the edges with ORL’s in The Pit session Nasd 100 and the Globex and PIt Nasd100/Bonds The question becomes are the patterns real or just another false equity test? Time will tell. … Continue reading

Daily Market Intelligence

Daily Market Intelligence 7-17-18

Midday Missive

Transports and Oil are taking the market s lower JBHT..has led the reversal lower as great earnings quickly faded. JBHT has now seen almost a 8% selloff into its 200 DMA Spu..25X3…needs a 2786 print for a reversal. Not entertaining … Continue reading

A.M. Look 7/16/18

Amazon…should see a retest to 1815.30, Friday’s High. Oil & Euro have filled out their Point & Figure charts. Give both time to set up. Oil… Netflix earnings after the close. Market is waiting more data and Trump-Putin comments.

Daily Market Intelligence 7/16/18

Daily Market Intelligence 7-16-18

Midday Missive

Plungers tried lower early. AMZN & GOOGL above today’s lows keep the board bid. Energy names are seeing bottom fishing. COP, CXO & DVN look most interesting. AMZN should lead late day as Investors will expect a big Prime Day.

A.M. Look 7/13/18

Italian 10 yr. Bonds are leading the worldwide  bid in Treasury markets. Spu’s could retreat to as low as 2778 and not change the upward pattern in the short-term. The Mexican peso is stalling out @ its 200 DMA after … Continue reading

Daily Market Intelligence 7/13/18

Daily Market Intelligence 7-13-18