Pro Tips

Daily Market Intelligence 7/26/17

Daily Market Intelligence 7-26-17

A.M. Look 7/25/17

Oil…Point & Figure shows all new strength is needed for higher. I’m not a fan of chasing this strength. 30 Yr. Bonds…the next 10 ticks down can trap new shorts.   DB…Deutsche bank is running the European Indices.   Copper…has … Continue reading

Daily Market Intelligence 7/25/17

Daily Market Intelligence 7-25-17

The Late Show

Dow…Dow Chemical is attempting am ORH day with a close over 66.54. GOOGL…all eyes will be here after the close. Whether it misses expectations investors will buy a 1-2 day break. If they beat investors will buy. If you own … Continue reading

Midday Missive

What’s working is the Chip names AMD,LCRX,NVDA   STX…40.10 is closing FIb resistance. The board is very name specific today. The Indices will remain a tough trade into Mid-Week   LNG…held its 200 DMA on today’s low for the second … Continue reading

A.M. Look 7/24/17

The board has been in a corrective phase for the past couple of sessions. With GOOGL kicking off this weeks earnings after the close, the later it gets in the day the less likely shorts will want to hang around. … Continue reading

Daily Market Intelligence 7/24/17

Daily Market Intelligence 7-24-17

A.M. Look 7/21/17

EUR/AUD…followed through on its ORH pattern by doing a 50% retrace for the past 30 trading days last night into 147.70. U.S. Equity Bond spreads are stalling out. Look for corrective trading into next week. With the Spu’s coming close … Continue reading

Daily Market Intelligence 7/21/17

Daily Market Intelligence 7-21-17

Midday Missive

BUD…if you’re long this name it’s a good spot to lock in some of the trade. Sector rotation is favoring Natgas Infrastructure names and healthcare. GS…Goldman is holding its rising 200 DMA @ 222.73. It would take a close below … Continue reading