Pro Tips

Midday Missive

DJI & SPU have gained on the Nasdaq all A.M. Transports were bid out of the gate. The twit heads are all chirping about a consolidation GDXJ breakout. FCX,BHP & VALE are the names of interest, not the GDXJ. Flour … Continue reading →

A.M. Look 5/11/18

Canadian Dollar has a potential ORH week. This is a bottoming pattern. Italian 10 Yr. yields are lower, bouncing between its mvg averages. Dow and S&P names would be a better place to value shop today as the Nasd 100 … Continue reading →

Daily Market Intelligence 5/11/18

Daily Market Intelligence 5-11-18

Midday Missive

Dollar profit taking is having its way with Oil and the associated names. GOOGL..1117 is resistance and the bottom of the gap. MELI ..can reject anywhere into 325 the first time up.

A.M. Look 5/10/18

Canadian Dollar is attempting to bottom. Futures show short term resistance @ 78.38.Closing over this level Friday puts in an ORH week, a pattern worth going with.CAD/JPY has the same pattern.Index traders..Time Frame trading CA6M8…Canadian Dollar Futures CAD/JPY..Weekly

Daily Market Intelligence 5/10/18

Daily Market Intelligence 5-10-18

A.M. look 5/9/18

Mexican Peso is gaining on the Yen. This is a risk on Indicator in a normal world. Petro China is the big winner in the Oil patch. 76.44 is initial resistance Spu/Dax  U.S. Indices are gaining on Europe this A.M. … Continue reading →

Daily Market Intelligence 5/9/18

Daily Market Intelligence 5-9-18

Midday Missive

Transports and Financials have led early The railroads have led the Transports. Oil has not put a reversal in, possibly telegraphing topping potential. PSX..longs should use today’s low for risk management. Spu’s…I need a close over 2682 for an upside … Continue reading →

A.M. Look 5/8/18

Spu’s…2639 print  put is needed for a reversal on the Long-term P&F. Expect a couple of different flows today as the world awaits the IRAN press conference. D.C. being D.C. expect something to be leaked later in the A.M. before … Continue reading →