Daily Market Intelligence 3-7-19
AMZN printed 1705…That should do it . That and Googl were holding the Indices up. All the service names were sold against it. Looking for Gap fills in the Indices. Long-Term investors Long MCD should buy puts and turn the … Continue reading
Daily Market Intelligence 2-28-19
Daily Market Intelligence 2-22-19 Daily Market Intelligence 2-22-19
Indices had every chance to break down early. The most glaring hold was the Russell which refused to elect its ORL sell stops. Bond sell off kept risk spreads from rolling over. (Price Positive). I’m not bearish but i will … Continue reading
Markets are in park. Amazon put in an ORH yesterday to resistance. Bonds are creeping up. Gold (J) needs to hold above 1342 today. Be patient and wait out the board to see what sector will establish leadership. DAX…hit weekly … Continue reading
Daily Market Intelligence 2-20-19
MCD..the high of day is fib reistance. A close over 181.50 is needed for more upside. LVS…sold some shares too early @ 60.84 to pay for the trade. Holding LVS 62 H calls Selling calls when LVS trades 63.50 Sold … Continue reading
Daily Market Intelligence 2-11-19
Spu gap is 2557.50-2547.00. The long end of the curve should face trouble rallying before the FED. GOLD/GBPUSD is following through. The rest of the currencies have stalled out against the Gold VALE is off 10%. Time Frame Trading