Pro Tips

Midday Missive

I’ve have nothing for you that will make you money without risking a lot. This capital flow marking the end to Europe’s month is just about in the books. Oil & U.S. refiners benefit from Month end flows. I’m not … Continue reading

A.M. Look 4/30/18

Full Moon Trading/Month End The only thing that really matters today are the closes. Spu’s …today’s 50 DMA @ 2690.40. 2694.50 fills out the long-term P&F, which is resistance

Daily Market Intelligence 4/30/18

Daily Market Intelligence 4-30-18

A.M. Look 4/27/18

DXE…91.85 is closing resistance. Swiss Franc…100.38 will be the long term inflection level for a longer term Dollar strength. Weakness in the Sterling & Euro is translating into FTSE & DAX strength. AAPL reports next week. 170 is the high … Continue reading

Daily Market Intelligence 4/27/18

Daily Market Intelligence 4-27-18

The Late Show

ORL patterns DJI SPU SPU/BONDSĀ  which will confirm a near term high, taking the risk models to neutral with a sell the rally bias for the near term. SPU/Bonds complete the pattern by closing under its 50 DMA will seal … Continue reading

A.M. Look 4/25/18

Spu’s will need to trade and stay below 2617 for lower on the medium-term P&F. 2657-62 is the lowest risk sell level. In early 2001 the Spu’s put in a Tuesday high which is atypical and broke 400 Points. It … Continue reading

Daily Market Intelligence 4/25/18

Daily Market Intelligence 4-25-18

Midday Missive

Sell the earnings pop should be a theme the rest of the week. GOOGL is down 90 dollars from yesterday’s high @ its 200 DMA. Energy is the sector that remains firm. I would not chase this nor would I … Continue reading

A.M. Look 4/24/18

Let the day set up. I remain unconvinced the Indices are going to do much of anything but continue to probe the resent range. It will remain a back and forth affair in the Indices with better opportunity in the … Continue reading