Pro Tips

Midday Missive

Russell…1502.60 will be the key to the board for the plungers, today’s ORL#   AMZN…973 is where the shorts will need sustained price below for a test of the 697.79 Gap The Bears need to beware as the afternoon session … Continue reading →

A.M. Look 10/23/17

U.S. Ten Yr./Bund is trading below its 200 DMA. European debt futures have been bought against the U.S.,keeping a bid tone to the Dollar. Let the week set up. Earnings Calendar tomorrow with ECB on Thursday will have greater impact … Continue reading →

Daily Market Intelligence 10/23/17

Daily Market Intelligence 10-23-17

Midday Missive

USD/JPY has come close enough to one of those scene of the crime levels that it is ripe for  short-term price rejection ( an oversold bounce)Ditto with the 30 yr. Bond futures. Indices will not be the feature. Financials and … Continue reading →

A.M. Look 10/20/17

Bond Futures down = stronger Financials. Risk spreads are following through for new all time closing highs. Don’t fight the flow! I neglected to mention that November Oil expires today. I’m sure some of last night’s weakness can be attributed … Continue reading →

Daily Market Intelligence 10/20/17

Daily Market Intelligence 10-13-17 Daily Market Intelligence 10-20-17

Midday Missive

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

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

Daily Market Intelligence 10-19-17

Midday Missive

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