Pro Tips

A.M. look 5/3/17

The Indices and Bonds are range bound. Europe is in park, likely through the weekends French Election Let the day set up to see which one will lead.

Daily Market Intelligence 5/3/17

Daily Market Intelligence 5-3-17

A.M. Look 5/2/17

Still waiting for the DJI & Spu’s to garner some interest. Overnight the Nikkei followed through higher. Europe is in park with the Spu’s. Soybeans have another nice bid overnight as residents of the Midwest are still wearing hip waders. … Continue reading

Daily Market Intelligence 5/2/17

Daily Market Intelligence 5-2-17

The Late Show

Spu’s are starting to pick up. I’m looking for an upside breakout on the medium & longer-term Point & Figure today It’s going to continue t be a one way street. “To the Moon Alice”..Ralph Cramden AKA Jackie Gleason.

Midday Missive

30 Yr. Bonds…151.11 is the 50 DMA.. Bonds are working on a potential ORL day with a close below 151.28 KRE…this is a buy against today’s low.   DXJ…Japan is looking good.   SPU/Bonds & Nasd 100/Bonds are showing ORH … Continue reading

A.M. Look 5/1/17

Gold…1254.60 is today’s 200 DMA. Expect some price rejection the first time down. The Indices would need to see early Mutual Fund Monday buying for the Gold to get into this area. Wait for the U.S. to come in before … Continue reading

Daily Market Intelligence 5/1/17

Daily Market Intelligence 5-1-17

A.M. Look 4/28/17

The NYSE will be running the board through Monday, with Europe closed for their May Day Holiday. Volumes will be lower than normal. Absent a tweet bomb from our leader, traders will be reticent to sell into Mutual Fund Monday. … Continue reading

Daily Market Intelligence 4/28/17

Daily Market Intelligence 4-28-17