Pro Tips

Midday Missive

There is a long term trend line on the 25X3 point & Figure that comes in @ 2753 ish. Price action above that will see lemming effect buyers. Unfortunately the chart is too big for mailChimp. I’ll throw it in … Continue reading →

A.M. Look 6/5/18

I have nothing to add this A.M. Time Frame Trading Let the U.S. session set up with focus on the names that have propelled the rally.

Daily Market Intelligence

Daily Market Intelligence 6-5-18

Midday Missive

We’ve witnessed some spectacular blow offs in Biotech and the Nasd 100 holds. The Italian 10 yr. rallied into resistance which is translating into some Dollar buying against the Euro. Home Depot, GOOGL,AMZN & AAPL, Visa, Mastercard and CME group … Continue reading →

A.M. Look 6/4/18

Spu’s are trading into its pit gap. These next 10 points will be tough. Short-term traders should be patient for small pullbacks. Nasdaq has been the feature. With the spread once again knocking on the 20 Yr. all time high … Continue reading →

Daily Market Intelligence 6/4/18

Daily Market Intelligence 6-4-18

A.M. Look 6/11/18

FBTPs’s…Italian 10 yr. Bonds had a relief rally to fill its gap from Thursday night. I featured this chart in the room Friday morning. I’ll review it again today and what it means for the Equity Indices. Today will be … Continue reading →

A.M. Look 6/1/18

Looking to see if the Indices hold an initial break after payrolls. Since its the first of the month, will we see early Fund buyers? Index strength after the New York opening should not be faded. DAX is caught between … Continue reading →

Daily Market Intelligence 6/1/18

Daily Market Intelligence 6-1-18

A.M. Look 5/30/18

Banks will be on the menu this A.M. with the break in the Bonds. BAC after trading to its 200 DMA yesterday is a low risk candidate, using the 200 DMA @ 28.70  for risk management. Many energy names all … Continue reading →