Pro Tips

A.M. Look 11/17/17

It’s Friday, the later in the day it gets the more scarce sellers will be. EUR/AUD…156.71 is monthly mvg avg resistance. Expect this cross to remain bid into the close, however it’s not worth getting involved at these levels. Spu’s … Continue reading →

Daily Market Intelligence 11/17/17

Daily Market Intelligence 11-17-17

Midday Missive

Chinese Internet names and U.S. tech will lead the rest of the year. From a technical standpoint, the gap higher openings followed by a retest of yesterday’s highs, is price positive. AAPL & JD Looking for alpha, this is the … Continue reading →

A.M. Look 11/16/17

NIkkei has been running the board for the past week. 22,000 to 23,000 followed by a 5 day sell off to 22,000. Nikkei held early and rallied last night. It is now getting close to the breakdown level of 22,770. … Continue reading →

Daily Market Intelligence 11/16/17

Daily Market Intelligence 11-16-17

The Late Show

Nasd 100 hasĀ  destiny with 6380. More than likely it will get there late today. The board will need to breathe when it gets there. XLP…Consumer Staples are running again                   VGT…Vanguard … Continue reading →

A.M. Look 11/15/17

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

Daily Market Intelligence 11-15-17

Midday Missive

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

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 →