Pro Tips

A.M. Look 11/15/17

Posted on 11/15/2017

The Mid-Week shuffle is in full swing. NIkkei is retesting its Oct. 30 level it rallied from trading slightly lower on the month. DAX..12,838.5 is where the Monthly ORL sell stops rest. Support is app 100 points lower. FTSE…blew off … Continue reading →

Daily Market Intelligence 11/15/17

Posted on 11/14/2017

Daily Market Intelligence 11-15-17

Midday Missive

Posted on 11/14/2017

Spu’s retested the bottom of the recent range Europe remains weak against the U.S. Euro is not backing off the 117.50 level. The capital flow is still showing the buying of Euro against the other major currencies. I’m in no … Continue reading →

A.M. Look 11/14/17

Posted on 11/14/2017

Central Bankers have been making comments at a symposium in Frankfurt. Kuroda had negative comments on Oil. Euro is strong on all the crosses. 117.50 is the Oct 25 cash breakdown level. The Futures price is 117.87. Euro cash 50 … Continue reading →

Daily Market Intelligence 11/14/17

Posted on 11/13/2017

Daily Market Intelligence 11-14-17

The Late Show

Posted on 11/13/2017

European bourses did not get to the low risk buy levels. I can make a case that there isn’t much downside left.U.S….It all about the rotation.XLY Consumer Discretionary & XLB Materials are trying to bottom. TSLA…316.50 fills its daily gap. … Continue reading →

Midday Missive

Posted on 11/13/2017

UNH..is attempting an ORH day by holding over 211.80. FANG names are not backing off. China names are leading this group. DE…is bottoming. MCD,HD look good. JPM…tested its 50 DMA and held. CME is leading the exchanges. Spu’s need over … Continue reading →

A.M. Look 11/13/17

Posted on 11/13/2017

30 Yr. Bonds…153.10 is today’s 200 DMA Nasd/Bonds are trading right on their oscillator. Nasd 100  Globex..today’s ORL# is 6281 where the resting sell stops are. I’ll need to see sustained and closing price action below 6272, today’s daily momentum … Continue reading →

Daily Market Intelligence 11/13/17

Posted on 11/10/2017

Daily Market Intelligence 11-13-17

The Late Show

Posted on 11/10/2017

I have no interest in the short side of the U.S. Indices. Yes, the Bonds are running the spreads and keeping them positive. The later it gets in the day the riskier it is to short. With Europe closed you’ve … Continue reading →