Pro Tips

The Late Show

Posted on 04/25/2018

ORL patterns DJI SPU SPU/BONDS  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

Posted on 04/25/2018

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

Posted on 04/24/2018

Daily Market Intelligence 4-25-18

Midday Missive

Posted on 04/24/2018

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

Posted on 04/24/2018

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 →

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 →