Pro Tips

A.M. Look 8/15/17

Brick & Mortar retailers are up on Target’s earnings as AMZN is weaker on the spreads. It’s Wednesday, making it a late day show with all eyes on the 1P.M. CDT FOMC minutes. Today is not a day to chase … Continue reading →

Daily Market Intelligence 8/15/17

Daily Market Intelligence 8-15-17

Midday Missive

There is another 30-50 minutes left in this capital flow. Day-Traders need to be cognizant of Spu 2463.25, last weeks weekly ORL #, for initial price rejection. Nike (NKE) is one of the better acting names. Risk to own is … Continue reading →

A.M. Look 8/14/17

Spu’s…25X3 Point & Figure shows the initial reversal. Patience is needed at these level in the Spu’s & Bonds as SPU/BOND spread is trading right on its 50 DMA. It will take into the U.S. opening and some more price … Continue reading →

Daily Market Intelligence 8/14/17

Daily Market Intelligence 8-14-17

Daily Market Intelligence 8/4/17

Daily Market Intelligence 8-4-17

A.M. Look 8/3/17

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

Daily Market Intelligence 8-3-17

VXN…VIX

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

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 →