Pro Tips

Early Show

Posted on 06/15/2017

Pre-market FB is closing in on mvg avg support @ 148.15 AAPL is short term oversold NVDA is coming into mean support @ 144-146.   Spu’s just completed their first reversal since last night’s close. See how NYSE opens, Pay … Continue reading →

A.M. Look 6/15/17

Posted on 06/15/2017

We’re getting back to volatility and bigger mid-week shuffles. Spu’s…double top…double bottom… AMZN…anything into the low 950’s is a potential bounce zone into its 50 DMA @ 950.50. QID…today’s resistance is @ 17.75. The above is a matching level where … Continue reading →

Daily Market Intelligence 6/15/17

Posted on 06/14/2017

Daily Market Intelligence 6-15-17

AMZN

Posted on 06/14/2017

Amazon held 966 it’s ORL level. Spu’s needed under 2427 for lower   The Bulls will control the end of day saving the daily patterns. Goldman,CB & Pru are beneficiaries today

Nasdaq 100

Posted on 06/14/2017

5706.75 is today’s ORL #.   Closing below 5706.75 would have me targeting the 50 DMA again @ 5624   The Algos took a peek. We still need to see a close below this level to change sentiment. The last … Continue reading →

The Late Show

Posted on 06/14/2017

EWP,EWC,GDXJ need to be monitored for potential topping pattern. MLM is putting in a negative pattern however it would take a close below 229 for a more profit taking. QID…place a 16.72 Stop GTC. (Good Until Canceled) Add 25% more … Continue reading →

QID…Update

Posted on 06/14/2017

Still watching this instrument. As long as it remains above the opening range it worth keeping on the books as insurance. In fact a higher close today should have you adding to this position. Nasd/Bonds are trading at its 50 … Continue reading →

A.M. Look 6/14/17

Posted on 06/14/2017

VIX…looks on track for another trip into the 9’s. QID is trading at my stop point. I’ll give this position a little time, however a strong upside flow after the U.S. opens will have me exit this position and wait … Continue reading →

Daily Market Intelligence 6/14/17

Posted on 06/13/2017

Daily Market Intelligence 6-14-17

QID… Follow Up

Posted on 06/13/2017

I thought it worth a go for the 15-20 cents to articulate a Nasd 100 short Via the ETF. First it has a defined out where the Futures were already trading 20+ points below the breakdown level . What compelled … Continue reading →