Pro Tips

Daily Market Intelligence 8/23/17

Daily Market Intelligence 8-23-17

A.M. Look 8/22/17

I have nothing constructive to add this A.M. The board is mildly Risk On with the Dollar trading with a bid tone.

Daily Market Intelligence 8/22/17

Daily Market Intelligence 8-22-17

The Late Show

It’s currently hot & Sweaty after the eclipse. XLP… is putting in an ORH day. IBM looks sold out and is ripe for a rally   LMT…is trying to turn back up. Fearless leader is speaking tonight so maybe someone … Continue reading →

Daily Market Intelligence 8/21/17

Daily Market Intelligence 8-21-17

Midday Missive

Spu/Bonds have failed under its 50 DMA. The Wednesday high is confirming that the recent rally is over and the market is set for more turmoil. UVXY..I’m looking for this to test 37. Given the calendar next week you should … Continue reading →

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 →