Euro..will need to sustain and close above 117.10 for another 80 points. EUR/JPY..@ 131.10 its DMA will run the show. Good above/Negative below Amazon led the sell off stopping @ its 50 DMA just above 1881. I like the low. … Continue reading
The Low is in for the Indices. Nasd 100 holding its 50 DMA with AMZN holding will keep risk assets bid. Transports are showing an ORH pattern Weekly Lottos in big cap tech names paid this A.M. Spu’s…a 2889 print … Continue reading
Daily Market Intelligence 9-7-18
Still waiting for the reversal in the Spu. Should see it going into London’s close. 1948 ish AMZN should line up for a bounce.
Daily Market Intelligence 9-6-18
AMAZONĀ remains firm above 2004.74. NFLX needed to get into 359.50 for a low risk buy. AMD is trading on its own. Spreads are holding up.
Daily Market Intelligence 8-30-18
TLRY, GOOGL, AMZN & SQ GOOGL & AMZN will be a gap trade. Pay attention to a retrace to yesterday’s high. These names are up and the Indices are in park. Oil needs to sustain over $69 on the long-term … Continue reading
The board is in need of some back and fill. Pot stocks are running out the longs in front of today’s TLRY earnings. AMZN is in park. No price action. OSTK has bottoming potential. Stay with quality picks. AMZN, MSFT, … Continue reading
Daily Market Intelligence 8-28-18