Pro Tips

Daily Market Intelligence 4/24/18

Posted on 04/23/2018

Daily Market Intelligence 4-24-18

A.M. Look 4/23/18

Posted on 04/23/2018

30 yr. Bonds are trading at the levels from the last FOMC meeting. May 2 is the next meeting. Be patient for rallies. Risk spreads are firm led by the Bond break, not Equity Strength. Metals and the Dollar are … Continue reading →

Daily Market Intelligence 4/23/18

Posted on 04/22/2018

Daily Market Intelligence 4-23-18

Midday Missive

Posted on 04/20/2018

AAPL..166.87 starts support. 200 DMA  @ 165.53 USD/MXN is reversing last Friday’s pattern and putting in a ORH week, weaker peso=risk off equities. GBP/USD…ORL weekly pattern working. The house of lords crowd are wearing the family heirloom attire handed down … Continue reading →

A.M. Look 4/20/18

Posted on 04/20/2018

Here is what I see. Mixed board..DAX & FTSE are nearing their respective 200 DMA’s Trump is tweeting down the price of Oil. AMZN received a PT upgrade to 1800. USD/MXN weakened with a Risk off board yesterday to it’s … Continue reading →

Daily Market Intelligence 4/20/18

Posted on 04/19/2018

Daily Market Intelligence 4-20-18

A.M. Look 4/19/28

Posted on 04/19/2018

It’s an Amazon show. Semi’s are soft with aluminum producer Alcoa up leading BHP, VALE & FCX firm. Spu’s would require a 2696.50 print for a pressure relief reversal. I have no interest in being short. 30 Yr. Bonds are … Continue reading →

Daily Market Intelligence 4/19/18

Posted on 04/18/2018

Daily Market Intelligence 4-19-18

Midday Missive

Posted on 04/18/2018

MU..Micron is putting in bottoming action with an ORH pattern. Buy this with a 52.70 closing stop. The market acts well.

A.M. Look 4/18/18

Posted on 04/18/2018

Morgan Stanley earnings was positive. FCX,BHP,VALE & RIO  are trading well with a risk on board. They are set up for higher prices. VXX…39.53 is today’s 200 DMA VIX…13.24 is today’s 200 DMA Oil…inventories today @ 9:30 CDT. 66.80 is … Continue reading →