Pro Tips

Midday Missive

Nasd 100…I can wait for the breakout Oil…is struggling at resistance. Sell rallies   ​The trade will be difficult. Soxx led yesterday and is now getting rich. You’re best luck will be found digging through the names for trade location.

A.M. Look 11/17/16

OIL..Crude is starting to roll. January (F) will be front month. The volume is just slightly more in the Jan. than the DEC. contract. January is trading at a 60 cent premium to Dec. Euro…107.60 ish on the Point & … Continue reading

Daily Market Intelligence 11/17/16

Daily Market Intelligence 11-17-16

Power Point

Whitewave 1

Midday Missive

OXY..A lot of options guys bought calls in this yesterday. Some in the money and some out of the Money @ 70 The 70’s bought @ .52 went to 1.40 before inventories. Trade to make money…you should be out of … Continue reading

A.M. Look 11/16/16

OXY…Occidental is trading higher this A.M. use the strength to pay for the trade. Mvg avg resistance begins @ 69.41. Crude…I’m going to watch this for a while. Spu’s…have to break 25 points off last nights high and close at … Continue reading

Daily Market Intelligence 11/16/16

Daily Market Intelligence 11-16-16

Chart Lines

I often get questions on the lines on my charts. Green Bright…200 DMA Aqua 50 DMA Blue Green 21 DMA Fuchsia   18 DMA These are simple moving averages. When you roll a chart to weekly or monthly the averages are … Continue reading

A.M. Look 11/15/16

30 Yr. Bonds…retrace levels. Take the obvious “155.19 Friday’s close”. unchanged on the week. Oil…i doubt you’ll see much above 45.60 today. I like yesterday’s low in OXY. Look to the names.

Daily Market Intelligence 11/15/16

Daily Market Intelligence 11-15-16