Pro Tips

Pit Equity Index breakaway gaps

Posted on 03/01/2017

Spu’s…   Nasd 100…   Longs will be chasing this A.M. Look to the Midcap and Russell for opportunity. They are lagging the other two Indices.

A.M. Look 3/1/17

Posted on 03/01/2017

It’s Wednesday, the first mid-week shuffle of the month. When the U.S. opens I’m looking for a positive capital flow from Fund buyers. (H) 30 & 10 yr. Bonds are trading just above their respective 50 DMA’s while the shorter … Continue reading →

Daily Market Intelligence 3/1/17

Posted on 02/28/2017

Daily Market Intelligence 3-1-17

A.M. Look 2/28/17

Posted on 02/28/2017

Today is month end with the State of the Union tonight. The rest of the world Bourses have traded easier overnight. June Bonds are beginning to show up on ADC charts. I suggest using the Daily Continuation for at least … Continue reading →

Daily Market Intelligence 2/28/17

Posted on 02/27/2017

Daily Market Intelligence 2-28-17

A.M. Look 2/27/17

Posted on 02/27/2017

The market is name specific at these levels. Day traders should wait for the NYSE to come in before clicking the mouse. As of now, looking at overnight price action, it could be a quiet day waiting for tomorrow’s month … Continue reading →

Daily Market Intelligence 2/27/17

Posted on 02/26/2017

Daily Market Intelligence 2-27-17

TZA

Posted on 02/24/2017

TZA hit pretty good initial resistance matching the gap in the Spu’s. Longs should use a 17.90 closing stop. I’ll be out of office for the next few hours.

Pattern Alert

Posted on 02/24/2017

The potential 3 day Island is off the table in the Spu’s, although you still have a stranded close on a new high. Equity/Bond spreads do not show a blow off top, only a correction. Spu’s need to close below … Continue reading →

Daily Market Intelligence 2//24/17

Posted on 02/23/2017

Daily Market Intelligence 2-24-17