Pro Tips

A.M. Look 11/2/17

Posted on 11/02/2017

Spu’s would need a print in the low 2550’s for a reversal on the  medium-term Point & Figure. This is a typical mid-week shuffle. The Plungers are making the rounds. Yesterday it was Robert Prechter calling for a 1929 type … Continue reading →

Daily Market Intelligence 11/2/17

Posted on 11/01/2017

Daily Market Intelligence 11-2-17

The Late Show

Posted on 11/01/2017

Risk Spreads are breaking down with potential ORL’s. AAPL…166.94 is today’s ORL 30 Yr. Bonds printed their 200 DMA @ 153.07. Bonds have been running the capital flows all A.M. Sustained price action above the 200 DMA after FOMC will … Continue reading →

Midday Missive 11/1/17

Posted on 11/01/2017

152.19 is today’s ball game for the 30 Yr. Futures. This is today’s ORH level. Sustained and closing price action above this level after FOMC will destroy the Bond vigilantes. XLE…69.00 +- a couple of ticks is the 50WMA. Closing … Continue reading →

A.M. Look 11/1/17

Posted on 11/01/2017

Market are up and new buyers will have to reach. I’m interested in the price action in Oil after Inventories. A hold after the release will attract buying across the whole sector.

Daily Market Intelligence 11/1/17

Posted on 10/31/2017

Daily Market Intelligence 11-1-17

Midday Missive

Posted on 10/31/2017

WFC..Wells is getting off the mat. EOD & PXD are in play. WYNN was a moonshot from the opening.  Will stay strong into the close. Chips…MU,INTC,NVDA will be bid into the close. WDAY & PANW are gaining momentum over their … Continue reading →

A.M. Look 10/31/17

Posted on 10/31/2017

Today is the last trading day of the month. Risk spreads look positive. AAPL received an upgrade from Piper Jaffray this A.M. with a 200 PT. Let the day unfold

Daily Market Intelligence 10/31/17

Posted on 10/30/2017

Daily Market Intelligence 10-30-17

The late Show

Posted on 10/27/2017

Energy is in play!! XLE has been lagging. This needs sustained rice action over 67.44. sustained price action above 68 puts this in Blast off mode XOM…