Daily Market Intelligence 11-10-16
Spu’s…Pit Gap gets filled! 30 Yr. Bonds…have another point to the downside before it needs to regroup. Oil…is attempting an ORH day. 46.31 is Mvg Avg resistance. My opinion from this A.M. is that the low is in for a … Continue reading
Daily Market Intelligence 11-9-16
Correction on YUM: shareholders received one share of YUMC for each share so the combined entity performed well. The chart shows YUM ex China which looks to rally again. I stand by my comment that i wouldn’t eat the stuff, … Continue reading
Daily Market Intelligence 11-7-16
Daily Market Intelligence 11-4-16
Daily Market Intelligence 11-3-16
Daily Market Intelligence 11-2-16
TSCO…any traders who bought this A.M. should pay for the trade and use a breakeven stop on the rest. Anything close to 65.40 is the exit zone for the rest. U.S. Indices are sloppy at best and currently reacting to … Continue reading
The Bunds and the Bonds are trying to bottom for a bit. I’ll be closing out UVXY calls that expire today on the opening. Less is more today.