Pro Tips

JPM & KRE

Some of you bought calls and/or the stock this A.M. Both are coming into initial resistance. Minimally, I’d pay for the trade here so no matter what you can’t lose money.

Spu’s…

Spu’s ..have to convincingly take out the 2366 level for higher —

Technology

XLK…You have 50 cents of risk to be long this ETF

Midday Missive

KRE…Regional banks are breaking out.   JPM…is a buy Financials in general will be in play today.

A.M. Look 3/30/17

Spu’s…have a defined range on the Long-Term Point & figure. Sustained price action above 2366 or below 2333 is needed for a new move.   Nasd 100…the game is how the Index trades in the mid 5420’s. yesterday NASDAQ rejected … Continue reading →

The Late Show

Rule #1..never chase closing direction on a Wednesday. AMZN has been leading all day followed by GOOGL It looks to be a chase higher into the close with the Nasd 100 setting up for a close over my upside pivot. … Continue reading →

Midday Missive

Patterns of note. AMZN…is above it weekly ORH# @ 862.80 AAPL…is above it weekly ORH# @ 142.80 IBB…weekly ORH# @ 298.20

A.M. Look 3/29/17

Welcome to the Mid-Week Shuffle The U.S. Indices will be led by Nasd 100 and dictated by the price action into the 5420’s. So far the level has been rejected. Until I see a close over the level I’m not … Continue reading →

Daily Market Intelligence 3/29/17

Daily Market Intelligence 3-29-17

A.M. Look 3/28/17

TSLA is the big winner this A.M. gaping above its gap. By holding an intra-day break above 272.60 the pattern is very friendly. Closing below the gap would signal the end of the rally.   Look to the individual names … Continue reading →