Pro Tips

Daily Market Intelligence 5/24/17

Posted on 05/23/2017

Daily Market Intelligence 5-24-17

A.M. Look 5/23/17

Posted on 05/23/2017

I’m surprised there was not more of a reaction to the Manchester attack. Such is the power of the Bull. DAX is leading all Bourses today. Currently both the Euro Stoxx 50 and the DAX are showing a buy signal. … Continue reading →

Daily Market Intelligence 5/23/17

Posted on 05/22/2017

Daily Market Intelligence 5-23-17

A.M. Look 5/22/17

Posted on 05/22/2017

Of interest this A.M. is Merkel’s recent comments stating that the Euro is to weak. Defense stocks like LMT are up in pre-market after Trumps’s Saudi visit. Wait for New York to come in to see how the week shapes … Continue reading →

Daily Market Intelligence 5/22/17

Posted on 05/21/2017

Daily Market Intelligence 5-22-17

Midday Missive

Posted on 05/19/2017

To be clear …It’s Friday! 2379 is an important technical area. I got off selling the # for more than a couple handle wiggle. If you sold here do not give it much more than a handle or two. It’s … Continue reading →

A.M. Look 5/19/17

Posted on 05/19/2017

Nasd 100…FANG names are attracting the new buying. A close over 5636 keeps the Nasdaq in a Risk On footing. Spu’s…need a close over 2379 to keep the weekly pattern intact. The later it gets in the day the greater … Continue reading →

Midday Missive

Posted on 05/18/2017

Nasd 100..looks to go and retest 5636 it’s weekly ORL #. This is where the rubber meets the road. GS & URI are a couple names that have probed near their 200 DMA’s and are finding bids. Spu’s …2365 is … Continue reading →

A.M. Look 5/18/17

Posted on 05/18/2017

Spu’s…long-term P&F has roughly filled out another reversal. Near-term resistance is @ 2365 ish roughly 20 points off the current low. The lowest risk sell level ( get short Spu’s with a 6-7 handle closing stop) is 2376-79. I would … Continue reading →

Daily Market Intelligence 5/18/17

Posted on 05/17/2017

Daily Market Intelligence 5-18-17