Pro Tips

The Late Show W/SSO Trade Alert!

I don’t have an opinion on the Bonds or FOMC minutes. I am recommending starting a position in SSO, the double Long S&P 500.   It’s currently trading 90.13.   You’ll have to lead off on part of it or … Continue reading

Midday Missive

Spu’s… As Long as they maintain above 2416 they are range bound to higher. So far the rotation out of Oil names has had a limited effect. I like NFLX,FB against today’s low for new longs. PYPL & SQ are … Continue reading

A.M. Look 7/5/17

GOOGL…893.37-915.30 is the remaining gap. If we’re to see a mid-week shuffle low in the Indices GOOGL should bottom somewhere into the Gap. Oil…I thought you’d see the selloff that started in London after the inventory #’s today. Short term … Continue reading

A.M. Look 6/30/17

Equity Indices…Spu’s,Nasd 100,DAX,Nikkei are neutral at current levels. New direction will be determined next week. Some of the big cap tech names are trading around their weekly reversal levels. AAPL FB NFLX Ultimately I believe the Bulls will win the … Continue reading

Daily Market Intelligence 6/30/17

Daily Market Intelligence 6-30-17

A.M. Look 6/29/17

Complacency is back with the VIX trading into the mid 9’s. 30 yr. Futures standout with a Pit session & ADC ORL week working. Bunds & Oats show the same topping pattern. Pit only U.S. session 30 yr….I discount this … Continue reading

Daily Market Intelligence 6/28/17

Daily Market Intelligence 6-28-17

Midday Missive

Oil…is at a level that you should not chase direction. Some services put out buy recommendations this A.M. in the Oil. Oil has broken out above daily momentum line @ 43.64, today’s pit low. You’re better off waiting until tomorrow’s … Continue reading

A.M. look 6/27/17

GOOGL has received a 2.7 Bil fine from the EU. It’s trading @ 960 pre market, the bottom of the gap. Price action @ this level will run the Nasd 100.   The Dollar is coming into closing support again … Continue reading

Daily market Intelligence 6/27/17

Daily Market Intelligence 6-27-17