Pro Tips

Midday Missive

Posted on 05/01/2017

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

Posted on 05/01/2017

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

Posted on 04/30/2017

Daily Market Intelligence 5-1-17

A.M. Look 4/28/17

Posted on 04/28/2017

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

Posted on 04/27/2017

Daily Market Intelligence 4-28-17

A.M. look 4/27/17

Posted on 04/27/2017

Waiting on the ECB and more earnings. Euro..200 DMA is @ 108.36 a level that should bounce the first time down. The early show will be run off the 7:30 CDT press conference. The latter part of the day will … Continue reading →

Daily Market Intelligence 4/27/17

Posted on 04/26/2017

Daily Market Intelligence 4-27-17

The Late Show

Posted on 04/26/2017

Rule #1..don’t buy Index strength going home on a Wednesday in an uptrend. Shorter time-frame traders give up nothing by not chasing mid-week strength.

A.M. Look 4/26/17

Posted on 04/26/2017

Oil…inventories @ 9:30 CDT will be about how the first break holds. If the 200 DMA @ 48.90 is spiked and price quickly reverses back through then we could see another mid-week extreme and a change of direction.

Daily Market Intelligence 4/26/17

Posted on 04/25/2017

Daily Market Intelligence 4-26-17