Daily Market Intelligence 3-2-18
Spu/Bond is currently trading above the oscillator line that it broke from 2/2/18. It’s a long day and one should expect a couple of different flows. The noon Bond auction has the potential to change the flows. AMZN…1498 is a … Continue reading
It’s Wednesday, be patient. Mid-Week shuffle time. FOMC minutes this afternoon could elect some short covering in the Bonds. TLT would need above 119 to see short covering. I’d love to get an opportunity to re short TLT in the … Continue reading
It’s all about the sector and /or individual name. Transports are heavy. TQQQ & Semi’s are seeing inflows. TQQQ should be managed against 161.00 NFLX AMZN GOOGL all stopped at closing oscillator resistance, meaning all three would need new closing … Continue reading
Daily Market Intelligence 2-20-18
AAPL..is seeing a flight to quality bid with a risk on board. 162.50 then 165. AMZN breaks out above momentum on 1380 close. 30 Yr. Bonds are having an oversold bounce. 145.21 is today’s low risk sell Level matching 120.36 … Continue reading
Daily Market Intelligence 2-12-18
Daily Market Intelligence 2-6-18
The Long end of the curve is getting oversold short-term. DAX…12,747 is its 200 DMA. Dax would have to stabilize above to help stabilize the U.S. Indices. DJI…is indicated close to its 50 DMA based off the Futures. Spu’s..have done … Continue reading