XLY held this A.M. providing the impetus for a rally. SQ,AAPL,NOW, ADP,UNH all put in notable lows. NFLX will be bid above 355 DIS breaking out after CNBC bullish comments late yesterday. XLY…looking for 14 ish … Continue reading
Daily Market Intelligence 9-25-17
Everyone is waiting for ADP. The Nasd 100 P&F has not turned up with the overnight session. Wait and see. key off the NYSE price action after the #.
Daily Market Intelligence 3-8-17
Tomorrow morning is the ADP # before New York trade starts @ 7:15 CDT. We’re in a full on feeding frenzy led early by the Oil patch. Today’s last 45 minutes to an hour could see some position squaring while … Continue reading
Stocks… ABX…breaks out to the upside over 18.80. FCX…gains upside momentum over 38.50. MELI…​strengthens with a close over 92, which then gives it potential to reach 100. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for … Continue reading
Spu’s…have to sustain under yesterday’s low of 1559.50 for any downside to materialize. Euro…sell stops are 127.52 which can lead to a test of 126.70. GBP/USD…Cable has the ability to take a look at 150.00-25 30 yr. Bonds…144.07-09 is near … Continue reading