Pro Tips

Midday Missive

Posted on 04/13/2018

Sell the news with a back and fill. China names led the profit taking. Energy sector acts best. Soybeans..raise your trailing stop to 10.50 close. Not sure how the afternoon set up. Currently Spu’s would need a 2658 print to … Continue reading →

Daily Market Intelligence 4/13/18

Posted on 04/12/2018

Daily Market Intelligence 4-13-18

Midday Missive

Posted on 04/12/2018

Chips,Industrial s, along with the scrum to buy Financials ahead of tomorrow’s earnings. Transports have been particularly well bid. Look for this flow to dovetail Dollar buying with a strong European session finish. GBP/JPY is the best looking cross. Spu … Continue reading →

A.M. Look 4/12/18

Posted on 04/12/2018

Trump was scaling back his rhetoric this A.M. which resulted in a relief rally. Look for leadership from Nasd 100 today. The Risk spread is currently trading right @ oscillator resistance. The daily Nasd 100 has turned up on the … Continue reading →

Daily Market Intelligence 4/12/18

Posted on 04/11/2018

Daily Market Intelligence 4-12-18

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 →