Pro Tips

USD/JPY

Posted on 11/14/2016

USD/JPY… Keep a tight leash on your trailing stops if you’re in the Long dollar trade. 108.70 into the may 2016 reversal @ 109.10 is Yen Support ( USD/JPY resistance) If the Bonds see some short covering late, this could … Continue reading →

Daily Market Intelligence 11/14/16

Posted on 11/13/2016

Daily Market Intelligence 11-14-16

A.M. Look 11/11/16

Posted on 11/11/2016

Gold…1243.20 was the Oct. Unemployment Low. If the sell stops get elected under this low over the next couple of sessions, it would be a good place to look for a bear trap. Oil…43.44 is today’s 200DMA. A week ago … Continue reading →

Daily Market Intelligence 11/10/16

Posted on 11/09/2016

Daily Market Intelligence 11-10-16

Midday Missive

Posted on 11/09/2016

Spu’s…Pit Gap gets filled! 30 Yr. Bonds…have another point to the downside before it needs to regroup. Oil…is attempting an ORH day. 46.31 is Mvg Avg resistance. My opinion from this A.M. is that the low is in for a … Continue reading →

Daily Market Intelligence 11/9/16

Posted on 11/08/2016

Daily Market Intelligence 11-9-16

Mexican Peso

Posted on 11/08/2016

Time to wait out the Vote.

A.M. Look 11/8/16

Posted on 11/08/2016

Correction on YUM: shareholders received one share of YUMC for each share so the combined entity performed well. The chart shows YUM ex China which looks to rally again. I stand by my comment that i wouldn’t eat the stuff, … Continue reading →

Daily market Intelligence 11/8/16

Posted on 11/07/2016

Daily Market Intelligence 11-8-16

Midday Missive

Posted on 11/07/2016

Best match today is GOOGL @ 805 its 50 DMA resistance matching 2123 Spu’s. Nasd 100 resistance starts today @ 4772 This would be the lowest risk matching levels for a contra-trend scalp or to buy portfolio insurance for long … Continue reading →