Pro Tips

Daily Market Intelligence 11/14/17

Daily Market Intelligence 11-14-17

The Late Show

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

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

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

Daily Market Intelligence 11-13-17

The Late Show

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 →

A.M. Look 11/10/17

I am going neutral all Equity Indices in tonight’s DMI The risk spreads in the U.S. have not capitulated the way the European spreads have. With the FTSE & DAX trading below / @ their respective weekly ORL #’s, its … Continue reading →

Daily Market Intelligence 11/10/17

Daily Market Intelligence 11-10-17

The Late Show

We’ve seen this P&F pattern before. Same pattern as the Oil yesterday. Theses are directional traps the first time down. See where the rallies stop. Currently you’ll need back over today’s opening range of 2577 to stop traders from selling … Continue reading →

Midday Missive

The back and forth Index war between the Bulls & Bears won’t be decided until later today. Oil & Natgas names are leading the bottom fishing rebound. Time frame trading the rest of the day