Pro Tips

The Late Show

AMZN…ORL week # is 847.11. It’s currently showing another ORL day below 844.80 GOOGL is working on an ORL day below 833. 1st target is the gap @ 823.74 The last few minutes should be interesting to see if there … Continue reading

A.M. Look 3/24/17

Today is a great day to get into trouble. It’s going to be a political tweet driven shuffle. I can forgo trading the news. I’m only interested in where Nasd 100 closes today. NASD 100..5396 is resistance. Closing below 5360 … Continue reading

Daily Market Intelligence 3/24/17

Daily Market Intelligence 3-24-17

A.M. Look 3/23/17

There is nothing to do until the NYSE opens. The day will revolve around the Healthcare vote. A pass and the markets will rally as sentiment will be that Trump can pass his agenda.   Euro…we’ve been up @ 108.25 … Continue reading

Daily Market Intelligence 3/23/17

Daily Market Intelligence 3-23-17

Midday Missive

AAPL is holding for now. Closing lower today would be very negative the overall market. JPM.. held the top of the cloud and can rally 1-2 dollars before hitting resistance 88.43 is the 50 DMA. It would take a close … Continue reading

A.M. Look 3/22/17

OIl…47.25 is near term support. 48.90 is point & figure resistance. Spu’s…the bounce zone is 2326-2316. There are mvg averages and a gap to deal with into this level. It’s Wednesday. This will be a do not sell zone for … Continue reading

Daily Market Intelligence 3/22/17

Daily Market Intelligence 3-22-17

The Late Show

Goldman… BAC…is closing on its 50 DMA. I thought yesterday that the Financials would be juicy tomorrow. I’ll look again tonight but the Banks will have to hold in here going into tomorrow morning. London closes in 20 minutes. Time … Continue reading

Midday Missive

We got the reversal in the June Spu’s on the long term P&F VIX…puts in an ORH day with a close over 11.72. Dow Jones Industrial (DJI Cash) GOOGL, IBB , NFLX are all currently showing ORL’s   Some names … Continue reading