Pro Tips

Daily Market Intelligence 4/20/18

Daily Market Intelligence 4-20-18

A.M. Look 4/19/28

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

Daily Market Intelligence 4-19-18

Midday Missive

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

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 →

Daily Market Intelligence 4/18/18

Daily Market Intelligence 4-18-18

A.M. Look 4/17/18

We’re back to the volatility crush. I’m looking for more subdued ranges as investors focus on the earnings calendar. I’m expecting the Spu’s to trade up another 50-60 points. VIX is approaching oversold levels. Look to the names for alpha. … Continue reading →

Daily Market Intelligence 4/17/18

Daily Market Intelligence 4-17-18

A.M. Look 4/16/18

Spu’s 2687 is today’s 50 DMA. VXX…43.22 is the top of the gap from 3/21. match this level up with an initial high in the Indices. 30 yr. Bonds are trading on its 50 DMA. Bonds have to remain under … Continue reading →

Daily Market Intelligence 4/16/18

Daily Market Intelligence 4-16-18