Pro Tips

Midday Missive

Posted on 09/05/2017

French Oats and British Gilts are in rally mode, leading rates lower. They are currently showing ORH Patterns. This brings me back to Friday’s commentary for today’s trade date, where I said I had no interest in being short any … Continue reading →

A.M. Look 9/5/17

Posted on 09/05/2017

Spu’s…2459.75 is support. This is a Pit session level that has held the initial selloff. I would not rule out another trip to this level during a U.S. session this week.   Gold/Euro…Gold has been holding up against the Euro … Continue reading →

Daily Market Intelligence 9/5/17

Posted on 09/04/2017

Daily Market Intelligence 9-5-17

A.M. Look 9/1/17

Posted on 09/01/2017

Index traders should key off the NYSE opening. DAX held its 200 DMA on last night’s low. The spreads are acting well. A spike down into 2460 in the Spu’s after the # would be a low risk buy level. … Continue reading →

Daily Market Intelligence 9/1/17

Posted on 08/31/2017

Daily Market Intelligence 9-1-17

Midday Missive

Posted on 08/31/2017

The whole month has been a low volume track meet. JULY Closes.. DJI…12,8911 Spu’s..2468 Nasd 100…5882.50   Looking at the board right now it’s hard to imagine that the DJI or Nasd won’t put in a higher closing month. Given … Continue reading →

A.M. Look 8/31/17

Posted on 08/31/2017

SPU’s…50X3 Long-Term P&F. This chart takes a little time to confirm the last low on Tuesday. This is forming a triangle waiting for another signal. A little patience going into today’s ADP #’s to see if we remain firm. 30 … Continue reading →

Daily Market Intelligence 8/31/17

Posted on 08/30/2017

Daily Market Intelligence 8-31-17

Midday Missive

Posted on 08/30/2017

I’m looking for IBB to test 323 resistance. It will take all new closing strength over that level for higher. MSFT…put in an ORH yesterday. It’s held the pattern. It’s also a name that hasn’t runaway to the upside. VIX… … Continue reading →

A.M. Look 8/30/17

Posted on 08/30/2017

Welcome to the Mid-Week Shuffle. We’ve seen pattern follow through in the Indices as well as many of the names. The Risk spreads filled their respective gaps,powered above momentum resistance, and are now siting on those momentum levels. This simply … Continue reading →