Pro Tips

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

The Late Show

Posted on 05/10/2017

There is absolutely nothing to do but get into trouble. Transports act terrible while most of the financials remain bid. Equity/Bond spreads have not broken down. No shorting! I’m not chasing the energy move which looks to continue into the … Continue reading →

A.M. Look 5/10/17

Posted on 05/10/2017

30 yr. Bonds…151.14 is today’s 50 DMA matching Monday’s ORL level. Sustained price action over this level is needed to signal further weakness in the Spu’s   Spu’s…yes, there is a potential double top @ 2400. I’m not going to … Continue reading →

Daily Market Intelligence 5/10/17

Posted on 05/09/2017

Daily Market Intelligence 5-10-17

A.M. look 5/9/17

Posted on 05/09/2017

EEM has been bid since Gundlach’s comments from the SOHN late yesterday, where he revealed his latest trade Long EEM/Short Spy. This is a value trade where he expects the rest of the world to play catch up to the … Continue reading →

Daily Market Intelligence 5/9/17

Posted on 05/08/2017

Daily Market Intelligence 5-9-17