Pro Tips

The Late Show 7/30/18

Posted on 07/30/2018

Spu’s likely short term bottomed. VIX overran its 200 DMA Nasd 100 elected sell stops below 50 DMA The selling abated this time Friday. AMZN, so far, failed to fill the gap @ 1762 Time frame trading the rest of … Continue reading →

Midday Missive

Posted on 07/30/2018

Edward Life sciences is getting a bid off the hourly and half day bars. AMZN tried to fill its gap @ 1762 stopping short into its 21day mvg average. GOOGL went into its gap and bounced. Spu’s will be under … Continue reading →

A.M. Look 7/30/18

Posted on 07/30/2018

Spu’s & Nasd 100 put in lower lows from Friday. Spu’s failed to get low enough to put in a reversal on the long-term P&F. Spu/Bonds held the short-term averages. Spu’s & Dji are strong against the Nasd 100, Midcap … Continue reading →

Daily Market Intelligence 7/30/18

Posted on 07/27/2018

Daily Market Intelligence 7-30-18

Midday Missive

Posted on 07/27/2018

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

Posted on 07/27/2018

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

Posted on 07/26/2018

Daily Market Intelligence 7-27-18

Midday Missive

Posted on 07/26/2018

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

Posted on 07/26/2018

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

Posted on 07/25/2018

Daily Market Intelligence 7-26-18