Pro Tips

Daily Market Intelligence 7/13/17

Daily Market Intelligence 7:13:17

Midday Missive

Tighten up your risk in the Chips. Sector rotation is showing profit taking in the sector. I like the space. Near-term 86 SMH resistance is having its effect on the names

A.M. Look 7/12/17

Welcome to the Mid-Week Shuffle. Rule #1: Do not buy closing strength on a Wednesday. What you can do is buy a weekly put at the end of the day to turn your Long Equity Positions into a call giving … Continue reading

Daily Market Intelligence 7/12/17

Daily Market Intelligence 7:12:17

Daily Market Intelligence 7/12/17

Daily Market Intelligence 7:12:17

Midday Missive

Nasd 100.…has to grind through 5735 close. Anything in the Index close to that level and you should refrain from chasing tech names. MSFT…is sticking its head above momentum. Firm above 70.50 close.   Semi’s lead.

A.M. Look 7/11/17

November Soybeans (SX) are seeing profit taking from a target level. I thought you’d see this yesterday with it raining on LaSalle Street in Chicago. One subscriber called to ask about a short at the level. I hadn’t followed up … Continue reading

Daily Market Intelligence 7/11/17

Daily Market Intelligence 7-11-17

The Late Show

This is a big breakout in SMH ETF.   I’ve been pushing NVDA,LRCX & AMD. You can add MU Micron..CTXS Citrix System to the list

Midday Missive

EWW…iShares Mexico has the best technical structure of the Emerging market ETF’s targeting its 200WMA @ 56.69. Brazil looks interesting however that’s a do not touch as I see Oil trading in a range for the near-term.   Time Frame … Continue reading