Pro Tips

Name Notes

BUD…those that bought should use a break-even stop or 110 Stop On Close. AMD,NVDA & LRCX continue to do well. NVDA should run into initial near term resistance @ 149.50. Those involved with a specific name should give me a … Continue reading

A.M. Look 7/10/17

I’m focused on 5667 unchanged for the past 2 weeks as a downside pivot. The resistance and upside pivots in the Spu’s & Nasd 100 haven’t changed. 30 Yr. Bonds would need to sustain over 152.09 for more bounce. OIL…still … Continue reading

Daily Market Intelligence 7/10/17

Daily Market Intelligence 7-10-17

The Late Show

MCD & BUD remain the features in Food & Beverage. GIMO..Gigamon is putting in a bottoming pattern PCLN is putting in an ORH week. Put this on your radar on a 15 dollar pullback. I’m told the options are a … Continue reading

Midday Missive

Both the Bunds and the Italian Bonds have hit downside targets. I don’t think there is a point left in the U.S. 30 without a descent bounce. Obviously this could take into next week to materialize. Just don’t lean on … Continue reading

A.M. Look 7/7/17

Bunds and Bonds are into oversold levels. Be careful of chasing weakness.

Daily Market Intelligence 7/7/17

Daily Market Intelligence 7-7-17

The Late Show

Bud is attempting an ORH day off a very oversold condition. Initial resistance is the 200 DMA @ 112 DB…Deutsche Bank has been leading the world Financials. The longer-term charts will be sent tonight shows room to 23. Euro has … Continue reading

Midday Missive

The board is ugly. What is particularly concerning is the lack of interest in the Financials with the Bonds off a point. Spu’s..2411 is today’s 50 DMA. Below the board will worsen. I’m not waiting to exit the SSO.   … Continue reading

A.M. Look 7/6/17

Rule #1..Don’t buy closing strength on a Wednesday. Yup I violated it! A potential dollar hickey in the SSO is not career ending. It’s very early in the Mid-Week shuffle. Spu..2416 needs to hold and rally. I need to see … Continue reading