Pro Tips

A.M. Look 5/25/18

Posted on 05/25/2018

Putin is speaking about raising Oil production. The Long term P&F put in its first relief reversal in 10 dollars marking a near term top. Energy names will be under pressure with an ORL week ( topping pattern) in crude. … Continue reading →

Daily Market Intelligence 5/25/18

Posted on 05/24/2018

Daily Market Intelligence 5-25-18

A.M. Look 5/24/18

Posted on 05/24/2018

S&P 500 Futures are caught in a range. The P&F shows a retreat as low as 2716 would not change the pattern. Spu/Bonds are at daily momentum resistance. This simply means that buying strength should be avoided. Nasd/Bonds are slightly … Continue reading →

Daily Market Intelligence 5/24/18

Posted on 05/23/2018

Daily Market Intelligence 5-24-18

Midday Missive

Posted on 05/23/2018

Barring something out of the FOMC minutes I remain in buy the break mode. So far the Spu’s just don’t want to give us a shot at the 2700 level. If you don’t see a break after 1 P.M. CDT … Continue reading →

A.M. Look 5/23/18

Posted on 05/23/2018

Here we are gaping gaps. Spu’s…2700-2703.50 is the lower gap. There will be resting sell stops @ the level since this is also the weekly ORL#. The long-term P&F will see a reversal with a 2696 print. Chartists would like … Continue reading →

Daily Market Intelligence 5/23/18

Posted on 05/22/2018

Daily Market Intelligence 5-23-18

The Late Show

Posted on 05/22/2018

Heads up!!! Energy names are seeing profit taking. PSX, FANG, COG have ORL patterns working. OIH names are rolling. Long-term Investors should review their holdings. Russell is leading the Pullback

A.M. Look 5/22/18

Posted on 05/22/2018

Micron (MU) is leading this A.M. 54.30 is the low risk buy zone. Euro put in an oversold bounce. It will still take closes over 118.35 to signal more. I’m expecting the Equity Indices to grind higher. Be patient for … Continue reading →

Daily Market Intelligence 5/22/18

Posted on 05/21/2018

Daily Market Intelligence 5-22-18