Pro Tips

Midday Missive

Posted on 10/19/2017

Spu/Bonds & Nasd /Bonds have just touched their mvg average support. No pressing shorts. This A.M.’s safety trade has led to a bid in Credit card issuers and Insurance names. Light in energy? PSX is worth a look using today’s … Continue reading →

A.M. Look 10/19/17

Posted on 10/19/2017

This is the first Mid-Week Shuffle in weeks that has potential courtesy of Spain. The Catalan drama will not be resolved in a day. Spu’s have rolled over on the daily oscillator. It will take sustained price action under 2552 … Continue reading →

Daily Market Intelligence 10/19/17

Posted on 10/18/2017

Daily Market Intelligence 10-19-17

Midday Missive

Posted on 10/18/2017

Semi’s are showing signs of topping. SMH is attempting an ORL daily pattern after an extended rally. Bonds have been keeping the risk spreads positive. It’s Wednesday and has the potential for volatility

A.M. Look 10/18/17

Posted on 10/18/2017

30 Yr. Bonds…today’s 200 DMA is @ 153.07 Oil…December (Z) is now front month. It is trading 23 cents over the November (X) contract. Spu’s…2552 is where the daily momentum line and oscillator support converge. It will be support and … Continue reading →

Daily Market Intelligence 10/18/17

Posted on 10/17/2017

Daily Market Intelligence 10-18-17

The Late Show

Posted on 10/17/2017

Goldman is putting in an ORL. The gap is 232.91-231.44 which falls just above its 200 & 50 DMA’s into 230. This is the level to trade against for a bounce. Citibank…don’t lose money on the trade!! Spu/Bonds look tired … Continue reading →

A.M. Look 10/17/17

Posted on 10/17/2017

Euro…117.45 is the oscillator. 116.92 is the 200 WMA. it will still take below 116.50 to break the longer term averages. The cover zone is still below 116.50 where we failed to elect those sell stops on this months payrolls. … Continue reading →

Daily Market Intelligence 10/17/17

Posted on 10/16/2017

Daily Market Intelligence 10-17-17

Midday Missive

Posted on 10/16/2017

You’ve seen the worst for the transports for today. IYT… Mind the names your involved with.