Pro Tips

A.M. Look 5/21/18

DAX is closed today. Italian 10 yr. rates are in the forefront of today’s trading. German/Italian 10 yr. spreads are at a key qtrly closing level @ 119.55 Sustained and closing price action through this level should lead to additional … Continue reading

Daily Market Intelligence 5/21/18

Daily Market Intelligence 5-21-18

A.M. Look 5/18/18

Short-term traders…the only thing you can do today is get yourself into trouble. Spu’s are 20 points either side of nowhere. Midcap & Russell have been outperforming the S&P & Dow. Price action has been compressing. Late day U.S. Equity … Continue reading

Daily Market Intelligence 5/18/18

Daily Market Intelligence 5-18-18

The Late Show

Trade talk, Tweets=a little risk off It’s a trap either way, both up and down. Nasd 100 would need a close under 6875.50 to believe this is more than a low volume equity check.   Nasd 100 Pit…

Midday Missive

OIH….PSX SLB VLO HAL RIG ESV CENX…17.75 is the Golden Cross, above there is a lot more. Spu’s…25X3 is range bound. Focus on what’s in play OIH..should test 31.00 CENX…  

A.M. Look 5/17/18

Wheat is up into its first resistance zone. A trip to the farmers market here in Chicago revealed that plantings were over a week behind normal schedule. Lumber..is overbought on all time frames. That does not mean I’d consider fading … Continue reading

Daily Market Intelligence 5/17/18

Daily Market Intelligence 5-17-18

A.M. Look 5/16/18

Italian 10 yr. debt is overnight story. Euro weakened. I took a look at the long-term P&F to add some color to the move. This shows Euro at a level that will take some work to get through. Let the … Continue reading

Daily Market intelligence 5/16/18

Daily Market Intelligence 5-16-18