Pro Tips

A.M. Look 7/11/16

Spu’s…are attempting the contract highs @ 2134 with resting buy stops above. I look for them to remain firm into our close today with some back and fill mid-week. Euro could see 111 again simply because the Yen crosses are … Continue reading

Daily Market Intelligence 7/11/16

Daily Market Intelligence 7-11-16

The Late Show

Top of the world. XLF & IYT are trading into their 200DMA’s IYM @ 76.59 is into mvg avg. closing resistance. XLB @ 46.75..same story Biotech, XLK,XHB  have room to the upside. ILMN is attempting an ORH week with a … Continue reading

Midday Missive

TSLA…A close over 216.75 is a mvg avg breakout above its 50 & 200 DMA GOOGL…713 is today’s resistance and upside closing momentum breakout level. ​Nasd should pick up leadership​

A.M. Look 7/8/16

DAX…9740 is resistance and the upside closing pivot. Spu’s..2123 is the level that will not go away. Caution, if we run the 2119.50 buy stops. This is a good spot to jam new longs. This is a closing level.

Daily Market Intelligence 7/8/16

Daily Market Intelligence 7-8-16

The Late Show

Oil…44.00 +- a few ticks is the next matrix level. CVX…102.46 is today’s ORL#. Today’s high @ 105 represents a weekly double top. The profit taking in the energy complex has not run it’s course. Oil is completing the ORL … Continue reading

Midday Missive

Oh Joy!!! 7 hours later internet is back up and my networks are reconfigured. OIL…45.92 is today’s ORL# XOM…92.44 is today’s ORL# Spu’s are holding up surprisingly well given the weakness in Oil. Given that the U.S. Equity Indices are … Continue reading

Daily Market Intelligence 7/7/16

Daily Market Intelligence 7-7-16

Midday Missive

The beat goes on with a mid-week extreme in the Bonds & Spu’s. 30 yr….175.06 is today’s Pit ORL# ​Bund… 167.23​ is today’s ORL# Gold has hit targets on a mid-week extreme. I’d expect some back and fill before Friday … Continue reading