Pro Tips

A.M. Look 5/16/17

Posted on 05/16/2017

It’s a Risk On morning led by the FTSE, which needs one more good close up here to target another 400 Points of rally. HD is up 3 dollars. I’m looking for the Bund & Bond rallies to keep failing. … Continue reading →

Daily Market Intelligence 5/16/17

Posted on 05/15/2017

Daily Market Intelligence 5-16-17

A.M. Look 5/15/17

Posted on 05/15/2017

Oil…is trading @ the 50% fib for the yr. trading between its 50 & 200 DMA’s. See how the U.S. opens up before you get involved. The Greenback is off against most currencies. Suisse is trading at its 200 DMA … Continue reading →

A.M. Look 5/12/17

Posted on 05/12/2017

Both our 30 yr. and the Bunds have similar patterns. Both are trading mildly oversold doing corrective bounces. 151.11 is today’s 50 DMA in the 30 Yr. It’s as good a place as any to expect price rejection.   Indices…waiting … Continue reading →

Midday Missive

Posted on 05/12/2017

The short end of the curve is leading the Bond rally. This puts the money for nothing scenario back in play with easy monetary policy. Mexican Peso has been rallying all week knocking on the door of an Outside reversal … Continue reading →

Daily Market Intelligence 5/12/17

Posted on 05/11/2017

Daily Market Intelligence 5-12-17

The Late Show

Posted on 05/11/2017

The later in the day it gets without anymore selling the greater the odds that today’s selloff is about all you’re going to get. CSX,KSU,YUM,EWW,FDX,AMZN,AMD& SMH are all attractive against today’s lows.  

Midday Missive

Posted on 05/11/2017

Spu’s… 2373.50 is the first unfilled Pit Gap. We just got a quick 10 point move. Much above 2386 will trap new shorts. Keep it tight. I would be looking for this direction to last for another hour.   Nasd … Continue reading →

Full Moon Effect

Posted on 05/11/2017

DAX & Euro Stoxx 50 are showing Bearish daily patterns. The game in the Spu’s is still @ 2386.   EUR/USD..108.27 is today’s 200 DMA. Expect price rejection the first time in. GBP/JPY…which has been leading the risk on rally … Continue reading →

Daily Market Intelligence 5/11/17

Posted on 05/10/2017

Daily Market Intelligence 5-11-17