Pro Tips

Midday Missive

Posted on 04/11/2018

Spu’s would require a 2624-25 print to rollover on the long-term P&F The 25X3 held. All new strength higher on the day is needed after FOMC minutes @ 1:00 P.M. CDT for another attempt at unchanged on the year. Weekly … Continue reading →

A.M. Look 4/11/18

Posted on 04/11/2018

Oil..67 is near term resistance with 69 being 50% retrace for this decade. Given its Wednesday, I would not be chasing Oil strength. I’d rather use the strength to collar positions in the Oil service sector by buying Puts and … Continue reading →

Daily Market Intelligence 4/11/18

Posted on 04/10/2018

Daily Market Intelligence 4-11-18

Midday Missive

Posted on 04/10/2018

Energy has been ripping all A.M. APC…Anadarko is breaking out above its oscillator. 61 is the risk to own. VLO acts well. The weekly chart which looks better than the daily, shows room to 105.80. Facebook had an daily oscillator … Continue reading →

A.M. Look 4/10/18

Posted on 04/10/2018

XI gave a great speech last night that was roundly embraced as he portrayed himself as the adult on the world stage. Oil is trading right at closing resistance. The Longer-term P&F charts in the Spu & Nasd show potential … Continue reading →

A.M. Look 4/9/18

Posted on 04/09/2018

Both the Nasd 100 & Spu show consolidation patterns in widening ranges. The weekend headlines were divided between those that took a long view and perceived Trump tweets as meaningless bluster, and those that remain skeptical. It’s a level trade. … Continue reading →

Daily Market Intelligence 4/9/18

Posted on 04/08/2018

Daily Market Intelligence 4-9-18

Midday Missive

Posted on 04/06/2018

Micron led the Chips up as the Transports get shunned with Trump bluster. The Names will be the better trade today. Big rallies to fill gaps from yesterday’s close in Indices and names. Trade to make money!!! Board is a … Continue reading →

A.M. Look 4/6/18

Posted on 04/06/2018

Last night’s Globex low in the Indices is support. Indices must close above these levels to avoid another trip to the cellar over the next few weeks. So far the technical levels have held. MU…looks to retest 46.98,January 2018 high, … Continue reading →

Daily Market Intelligence 4/6/18

Posted on 04/05/2018

Daily Market Intelligence 4-6-18