Chinese Internet names and U.S. tech will lead the rest of the year. From a technical standpoint, the gap higher openings followed by a retest of yesterday’s highs, is price positive. AAPL & JD Looking for alpha, this is the … Continue reading
Daily Market Intelligence 11-16-17
Risk Spreads are breaking down with potential ORL’s. AAPL…166.94 is today’s ORL 30 Yr. Bonds printed their 200 DMA @ 153.07. Bonds have been running the capital flows all A.M. Sustained price action above the 200 DMA after FOMC will … Continue reading
WFC..Wells is getting off the mat. EOD & PXD are in play. WYNN was a moonshot from the opening. Will stay strong into the close. Chips…MU,INTC,NVDA will be bid into the close. WDAY & PANW are gaining momentum over their … Continue reading
Today is the last trading day of the month. Risk spreads look positive. AAPL received an upgrade from Piper Jaffray this A.M. with a 200 PT. Let the day unfold
Daily Market Intelligence 10-30-17
Daily Market Intelligence 10-27-17
Daily Market Intelligence 10-19-17
FXE….here is a look at the FXE for those that don’t trade cash currencies or Futures. The high @ 116.40 was the 50 MMA matching the 2014 close in EUR/USD @ 120.98. EUR/JPY…132.50 is the bounce level. 30 yr. Bonds…I’m … Continue reading
Daily Market Intelligence 9-25-17