Pro Tips

Midday Missive

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

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

Daily Market Intelligence 7-19-18

Midday Missive

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 →

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.