Pro Tips

Daily Market Intelligence 8/30/17

Daily Market Intelligence 8-30-17

ORH…Patterns

In no particular order this is a partial list of names with Bullish patterns forming.   If you’ve an interest in these names I urge you to do your homework.     ATVI,AAOI,CTXS,CUDA,EBAY FB,FSLR,IAC,KLAC,MOWR,TSLA PYPL,V,NVMI,UCTT,EXPE IBB,CMI,HON,NOC,PCAR,RHI,UPS,UTX,NSC JNJ,AFL,EXPE,PCLN   We’ve been … Continue reading →

Transports

FDX…is leading this show.   IYT…the ETF is into resistance. The names will be a better place to look as this is into closing resistance.

Pattern Recognition…ORH Working

WMT…is attempting an ORH day UNH…195.81 is the ORH NVDA…165.10 AMAT…43.72 GOOGL …needs a close over 935 AMZN…needs a close over 953 CAT…116.06   Focus on Big cap tech and the Chips late day.

Midday Missive

The rest of the day will be a tail of capital flows. Spu’s…2438-40 is the bigger resistance level that needs to be closed over for the down trend to abate. This level is where the P&F charts show resistance. So … Continue reading →

Midday Missive

The rest of the day will be a tail of capital flows. Spu’s…2438-40 is the bigger resistance level that needs to be closed over for the down trend to abate. This level is where the P&F charts show resistance. So … Continue reading →

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