Pro Tips

Midday Missive 11/7/16

Welcome to the Elections…Get out and vote!! A quick pass by the Lincoln Park Library Sunday showed a snaking line 2 hours long. All the RSI’s get relieved in one instant with one new statement with the exception of the … Continue reading

Daily Market Intelligence 11/7/16

Daily Market Intelligence 11-7-16

Oil…Update

I wanted to buy 43.45 for a low risk buy for a pop. The low was 43.57 and rallied a dollar into the last target of 4440-60. This was the wiggle I was looking for. 43.45 is still a level … Continue reading

TSLA

Tesla is in play today. This needs sustained price action over 191.47 to run out the shorts

AMZN

Midday Missive

Spu’s….so far the Spu’s aren’t rallying anywhere. Spu’s need over 2092 to see any real short covering.

A.M. Look 11/4/16

Spu’s…2077 is the 200 DMA… below, 2065 is the next # that can bounce. GBP/JPY….128.43 is the weekly ORH #. This is the closing # to maintain above for more strength. I have no dog in this hunt and will … Continue reading

Daily Market Intelligence 11/4/16

Daily Market Intelligence 11-4-16

VIX

Mind the Brexit gap @ 22.07-22.91

A.M. Look 11/3/16

GBP/USD.. ​GBP/JPY… Euro Stoxx 50 ​ ​The Indices are trading oversold and ripe for a bounce. The Brexit news out of Britain is precipitating the short covering. ​