Pro Tips

Daily Market Intelligence 1/6/17

daily-market-intelligence-1-6-17

Names in Play

Clearly the Miners are in play. Rotation is into Nasd. TSM…needs to sustain and close over 30 for more upside. CSX..looks good AMZN  over its 50 DMA @ 767.70 look s to have bottomed. Risk to own is 767. AMBA..weekly … Continue reading

A.M. Look 1/5/17

T-Note/ European ten yr. correction, coupled with the bottoming action in the Yuan has made life difficult for Dollar bulls over the past 2 sessions. I’m not looking for much more of a correction in the spreads. We’re seeing a … Continue reading

Daily Market Intelligence 1/5/17

daily-market-intelligence-1-5-17

The late Show

Anything commodity related is ripping with the dollar sell off. The Dollar only has to hang around for the related instruments to keep going. Both Wheat and Soybeans are putting in ORH days. Wheat has the cleanest pattern which looks … Continue reading

A.M. Look 1/4/17

We’re into the first Mid-Week shuffle of the year. Short-term traders should be patient and let the day set up. With many eyes on the Fed minutes this afternoon there is no hurry to get involved.

Daily Market Intelligence 1/4/17

daily-market-intelligence-1-4-17

Daily Market Intelligence 1/3/17

daily-market-intelligence-1-3-17

A.M. Look 12/30/16

Spu’s…50X3 Point & Figure has yet to put in a reversal since the U.S. Election. Spu’s…25X3 Point & Figure…visualizes the range it’s been in for the past couple of weeks. Euro…it would take a couple of closes above 106.90 it’s … Continue reading

Midday Missive

Oil patch is acting well after it’s bounce off 52 WTI HFC…Holly Frontier is attempting to rise above short-term momentum. This need to maintain above 32.30 for higher   HAL…Halliburton is following through to the upside off an ORH daily … Continue reading