Pro Tips

A.M. Look 8/17/17

Euro/Gold has pattern follow through with Long Gold leading the spread. Bitcoin is breaking out to new all time highs. China names are positive after BABA earnings. U.S. equity Indices are having a typical mid-week shuffle. It would take sustained … Continue reading

Daily Market Intelligence 8/17/17

Daily Market Intelligence 8-17-17

OXY…Order Update

OXY is trading at the Stop on close level. Granted the entire Oil patch does not act well. OXY has been languishing in a range. It’s still just above its 50 DMA & cloud support. Given the Oil pattern I’ll … Continue reading

A.M. Look 8/15/17

This pattern is similar to last Tuesday when the board went Risk on into the late London session before reversing. Given the P&F charts in the Spu’s & Nasd 100 will need work up here to sustain, it’s not a … Continue reading

A.M. Look 8/15/17

Brick & Mortar retailers are up on Target’s earnings as AMZN is weaker on the spreads. It’s Wednesday, making it a late day show with all eyes on the 1P.M. CDT FOMC minutes. Today is not a day to chase … Continue reading

Daily Market Intelligence 8/15/17

Daily Market Intelligence 8-15-17

Midday Missive

There is another 30-50 minutes left in this capital flow. Day-Traders need to be cognizant of Spu 2463.25, last weeks weekly ORL #, for initial price rejection. Nike (NKE) is one of the better acting names. Risk to own is … Continue reading

A.M. Look 8/14/17

Spu’s…25X3 Point & Figure shows the initial reversal. Patience is needed at these level in the Spu’s & Bonds as SPU/BOND spread is trading right on its 50 DMA. It will take into the U.S. opening and some more price … Continue reading

Daily Market Intelligence 8/14/17

Daily Market Intelligence 8-14-17

Daily Market Intelligence 8/4/17

Daily Market Intelligence 8-4-17