Pro Tips

Daily Market Intelligence 8/29/16

Daily Market Intelligence 8-29-16

A.M. Look 8/26/16

The miners are up in pre-market as yesterday’s low is proving to be a good technical level for a bounce to gain some traction. Traders involved with NUGT should be using a stop against yesterday’s low. My mental stop is … Continue reading

Daily Market Intelligence 8/26/16

Daily Market Intelligence 8-26-16

The Late Show W/VXXTrade

Given the political tongue lashing healthcare has been taking in the media all day, and tomorrow’s Jackson Hole Speech I think it wise for long only managers to buy portfolio insurance. VXX..37 8/26/16 Call expires tomorrow. This is the strike … Continue reading

PSA

Public Storage..should not go back below 224 (lower on the week)  for higher.

Midday Missive

NUGT…

A.M. Look 8/25/16

Nasd 100, Spu,& Spu/Bonds are trading around their weekly ORL #’s. A good sell off would bode well for the markets later in the year. ​Oil.. ​

Daily Market Intelligence 8/25/16

Daily Market Intelligence 8-25-16

Midday Missive

Lawyers,Guns & Money Hunting season is upon up us. All those Packer fans can ammo up and bag one on the way to Lambeau Field. Of the two patterns Ruger shows the most promise and definable risk. If you want … Continue reading

A.M. Look 8/24/16

EUR/AUD…147.62 is 50 DMA support. Closing below should lead to a test of the mean at 146.71. ​EURO…​matching Euro support is 112.48. ​When you’re searching for something to write about​, less is more. It will be you and the bots. … Continue reading