Daily Market Intelligence 2-8-17
30 Yr. Bonds…148.30 is the 200 Weekly mvg avg. The level has changed little since the December low. Sustained and closing price action below this level is needed to bring out the Bond vigilantes. After New York starts trading, we’ll … Continue reading
Spu’s have left a three day Island top. 2268-70 was old resistance in the Spu’s, which is now first support. Nasd 100 came within a few ticks of filling its gap @ 5104, making the Nasd 100 a better indicator … Continue reading
The Pound is weaker off a British court decision to send Article 50 for Brexit back to Parliament for approval. Nasdaq is the stronger of the Indices on the spreads with AMZN & BABA both up in pre-market. 30 Yr. … Continue reading
Daily Market Intelligence 1-24-17
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daily-market-intelligence-1-6-17
Clearly the Miners are in play. Rotation is into Nasd. TSM…needs to sustain and close over 30 for more upside. CSX..looks good AMZN over its 50 DMA @ 767.70 look s to have bottomed. Risk to own is 767. AMBA..weekly … Continue reading
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