Pro Tips

30 Yr. Bond Futures

Last week I wrote piece that the 30 yr. Futures would print 157.17. I stated in that piece that i didn’t know how much price rejection you’d see off the level, only that it should reject the first time up. … Continue reading

A.M. Look 8/29/17

Spu’s 50X3 Point & Figure…shows a level that can be a Bear Trap. I’ve seen this many times when the P&F seems to want to continue with the direction and reverses first. SPU/BONDS…the last time we traded the 200 DMA … Continue reading

A.M. Look 8/28/17

Gilead (GILD) is buying Kite Pharma. Kite is up 16%. Gold is at the top of its recent range. It will take a couple of closes over 1307 to keep going. Markets are presently range bound waiting for new direction … Continue reading

Daily Market Intelligence 8/28/17

Daily Market Intelligence 8-29-17

Daily Market Intelligence 8/28/17

Daily Market Intelligence 8-28-17

Daily Market Intelligence 8/28/17

Daily Market Intelligence 8-28-17

Midday Missive

NFLX is flirting with probing its 50 DMA & Cloud support..The rest of big cap tech FANG trades weak. Mexico  (EWW) is on a tear. I’d be reticent to do anything. You’ll have another Bot driven move late if you’ve … Continue reading

A.M. Look 8/25/17

If you’re short term trading today, Good Luck. It will be a Bot driven event. Euro…118.50 is resistance and the Point & Figure upside breakout level. Spu’s…Point & Figure medium-term resistance is @ 2459 ish. Sustained and closing price action … Continue reading

Daily Market Intelligence 8/25/17

Daily Market Intelligence 8-25-17

Further Thoughts

DJI/Bonds…time will tell if this is just a gap fill and we hold and reverse back higher or see pattern follow through. The Chips…NVDA & AMD have so far held a lower retest. Trade the names off their own technical … Continue reading