Pro Tips

Daily Market Intelligence 4/7/17

Posted on 04/06/2017

Daily Market Intelligence 4-7-17

Midday Missive

Posted on 04/06/2017

Pretty much the entire board is green with the exception of the FANG names. Not a good idea to fade this oversold rebound in the Indices today. AMZN..is today’s big loser. 878.60 is the most obvious bounce level. The Long-Term … Continue reading →

A.M. Look 4/06/17

Posted on 04/06/2017

Spu’s…The range is highlighted. It will take sustained price action into the 2330’s for lower. 2339.50 is the e-mini 50 DMA support line.   Spu/Bonds on the other hand is trading right at its 50 DMA. 30 Yr. Bonds need … Continue reading →

Daily Market Intelligence 4/6/17

Posted on 04/05/2017

Daily Market Intelligence 4-6-17

Pattern Alert

Posted on 04/05/2017

Spu’s..2344.75 is today’s ORL# Nasd 100…5406.75 Globex ORL Nasd 100..  5415.50 is Pit ORL I didn’t think we’d get this low. A lot of stops were just run.  

The Late Show

Posted on 04/05/2017

Spu’s… Pit session gap is @ 2358.50.The bottom of value on the 25X3 Point & Figure is 2353.25 Rule #1. Don’t chase strength going into the close on a Wednesday. Looks as if the world is beginning to recognize this … Continue reading →

Midday Missive

Posted on 04/05/2017

AMZN…Should pause up here. Oil Inventories have capped the rally for a bit. Spu/Bond spread is into mvg avg resistance. The market needs to breathe in here before you get another move. The early game is over.

A.M. Look 4/5/17

Posted on 04/05/2017

Oil…52.11 is the better weekly mvg avg resistance to penetrate. The past couple of inventory #’s have produced a rally after trapping shorts pressing into the #. After a $4 dollar rally, I’m not sure what its going to do … Continue reading →

Daily Market Intelligence 4/5/17

Posted on 04/04/2017

Daily Market Intelligence 4-5-17

Midday Missive

Posted on 04/04/2017

GS…you’d like to see this close over 230 to regain its mojo PFE…Pfizer puts in an ORH day with a close over 34.35 The Risk to own is 34.00 Stop On Close. I don’t think you’ll see much of anything … Continue reading →