Pro Tips

A.M. Look 8/2/17

Posted on 08/02/2017

30 Yr. Bonds…153.16 is the pattern retest level. Bonds either hold here or break another half point back into 153.00 its 200 DMA.   United Health Group and the banks show early strength. It will take through the NYSE opening … Continue reading →

Daily Market Intelligence 8/2/17

Posted on 08/01/2017

Daily Market Intelligence 8-2-17

A.M. Look 8/1/17

Posted on 08/01/2017

Nasd 100…you need a break out of yesterday’s range for a new signal. The day will be all about posturing for AAPL earnings after the close.   AMZN…997 is today’s 50 DMA. it will take sustained and closing strength over … Continue reading →

Daily Market Intelligence 8/1/17

Posted on 07/31/2017

Daily Market Intelligence 8-1-17

A.M. Look 7/31/17

Posted on 07/31/2017

Nasd 100…100X3  P&F shows a consolidation pattern. A couple of closes over 5927 will see this pattern resolve itself to the upside.   Oil…needs to maintain above its 200 DMA @ 49.40.   Let the U.S. session set up.

Daily Market Intelligence 7/31/17

Posted on 07/30/2017

Daily Market Intelligence 7-31-17

A.M. Look 7/28/17

Posted on 07/28/2017

Amazon….   EUR/CHF & GOLD/CHF….Long Euro/Short Suisse…Long Gold/SHort Suisse   Both have had massive moves.   97.30 USD/CHF   is the level to watch as this is app 2/3 rds of the way back from the opening to the close of … Continue reading →

Daily Market Intelligence 7/28/17

Posted on 07/27/2017

Daily Market Intelligence 7-28-17

Tighten up..exiting Long positions

Posted on 07/27/2017

LRCX,AMD,NVDA,SMH   I’ve been reticent to take profits in these names as I felt it would be difficult to reload.   I’m not happy about it now. If you bought weekly puts against the names You’re  good.   If not, … Continue reading →

Midday Missive

Posted on 07/27/2017

Sin is in vogue. I was a little premature on BUD MO..Altria The Spu’s & DJI have Hit their upside targets for this swing. Play the names not the Indices.