All eyes to Wednesday earnings. Everything into those will be a trade by the numbers affair. Oil requires a 79.20 print to avoid testoserone therapy.

Yesterday’s room notes I went over the depths of what this correction can look like. Everyone on the street is in denial. Key has been Asia failing. I spent time going over dividend paying ETF’s, all of which have seen … Continue reading →

Oil has rolled to Sept. Spoos can’t get high enough for a long-term PNF upside breakout. Today’s sell stops are @ 7571.75. The two levels I’m keying off of the rest of the week are SOXL 150 +- which is … Continue reading →

Two things of importance that will run the board today. The Dollar is giving up ground particularly against the Suisse. Nasd /Bonds held with the Nikkei last night. @ the magic #’s, which is something I went over late day … Continue reading →

Today I’m focused on the Nikkei and the qtrly pivots in Oil, DJI & Russell. Crude went to the qtrly pivot and stopped again. Copper will require sustained and closing price action above 6.37 to confirm higher. Spoo will require … Continue reading →

I went over the components of the CIBR ETF late yesterday. It’s in the Tactiq notes. David and I privately discussed Dell which has a similar pattern. Warsh Fed dates keep coming back into play. You’re getting a lot of … Continue reading →

The room had some really great trades yesterday, looking for a Wednesday low in the thinnest part of the day just after 11:30 CDT. This afforded the opportunity to pick up names and instruments that put in extremes in early … Continue reading →

Many instruments are coming b ack to their respective 200 DMA’s. Yesterday it was NVDA ” 191.37″ and it’s again coming into that critical hold level. For the past two weeks it was XOM bouncing off its 200 DMA. Oil … Continue reading →

Trade the numbers. The rotation out of Storage & chips back into hyperscalers is still playing out from last week. I’m more interested in the models mid week. I can make a case the indices hold right here based off … Continue reading →

Nasd/Bonds held a huge pivotal level @ last nights low. Sustained price action below would signal the end of the A.I. trade. Nevertheless less anyone choosing to be in the storage and semi space beat do their homework as to … Continue reading →