Pro Tips

A.M. Look 8/3/17

Posted on 08/03/2017

BOE has left rates unchanged. Carney speaks at the bottom of the hour. TSLA…347.49-351.65 is the overhead gap that needs to be closed above to continue higher.   Let the U.S. session set up

Daily Market Intelligence 8/3/17

Posted on 08/02/2017

Daily Market Intelligence 8-3-17

VXN…VIX

Posted on 08/02/2017

VXN…held its 200DMA this A.M. and has room to move higher   VIX…needs to sustain over 10.40 Its 50 DMA to keep moving higher. Daily Buy stops are at 10.56

Midday Missive

Posted on 08/02/2017

Equity /Bond spreads are not acting well. The downside pattern follow through is continuing despite AAPL   Two observations about the Treasuries.   First its the beginning of a new Month and the mindless think they can fade ECB bond … Continue reading →

A.M. Look 8/2/17

Posted on 08/02/2017

30 Yr. Bonds…153.16 is the pattern retest level. Bonds either hold here or break another half point back into 153.00 its 200 DMA.   United Health Group and the banks show early strength. It will take through the NYSE opening … Continue reading →

Daily Market Intelligence 8/2/17

Posted on 08/01/2017

Daily Market Intelligence 8-2-17

A.M. Look 8/1/17

Posted on 08/01/2017

Nasd 100…you need a break out of yesterday’s range for a new signal. The day will be all about posturing for AAPL earnings after the close.   AMZN…997 is today’s 50 DMA. it will take sustained and closing strength over … Continue reading →

Daily Market Intelligence 8/1/17

Posted on 07/31/2017

Daily Market Intelligence 8-1-17

A.M. Look 7/31/17

Posted on 07/31/2017

Nasd 100…100X3  P&F shows a consolidation pattern. A couple of closes over 5927 will see this pattern resolve itself to the upside.   Oil…needs to maintain above its 200 DMA @ 49.40.   Let the U.S. session set up.

Daily Market Intelligence 7/31/17

Posted on 07/30/2017

Daily Market Intelligence 7-31-17