Daily Market Intelligence 4-3-19
United Airlines beat giving a bid to the rest of the sector. BAC beat trading 4% higher. Equity Bond spreads are positive. 30 yr futures have room to 144.10 the bottom of the weekly cloud. Oil went to P&F resistance … Continue reading
It’s a name game. MS & BAC in Financials The morning saw some buying of upside Lottos for year end The Index lows are unimpressive. Stick with identifiable names on a case by case basis. Don’t forget to take the … Continue reading
Daily Market Intelligence 7-23-18
Banks will be on the menu this A.M. with the break in the Bonds. BAC after trading to its 200 DMA yesterday is a low risk candidate, using the 200 DMA @ 28.70 for risk management. Many energy names all … Continue reading
Daily Market Intelligence 9-28-17
Try not to lose sight of the fact that the Russell & Midcap continue to lead with a strengthening Dollar. Many of the banking names like BAC are making or @ new highs for the year. While I look for … Continue reading
Daily Market Intelligence 5-17-17
Daily Market Intelligence 3-27-17
Goldman… BAC…is closing on its 50 DMA. I thought yesterday that the Financials would be juicy tomorrow. I’ll look again tonight but the Banks will have to hold in here going into tomorrow morning. London closes in 20 minutes. Time … Continue reading