Daily Market Intelligence 1-6-21
Late yesterday Biden unveiled his Green energy strategy. Solar names went nuts. WY…Weyerhaueser broke out yesterday. Another Dollar devalue commodity name. BHP is following through. Euro..just hit the next magic level. Spoo’s & DJI are at critical resistance level. Pay … Continue reading
XLU & XLV broke out along with IBB Best looking country ETF’s are Russia (RSX) and Switzerland (EWL) Copper needs sustained price action over today’s high to go to the next level. BHP rallied to its 200 DMA @ 47.31 … Continue reading
Daily Market Intelligence 5-21-20
Daily Market Intelligence 1-29-20
I hopped on Yra’s idea last night and bought FLR in the room @ 46.06 46.75 is initial closing resistance. Semi’s led the early strength. AAPL 192 & 195 calls were in play early. It’s sustaing over its 200 DMA … Continue reading
Daily Market Intelligence 5-17-18
DJI & SPU have gained on the Nasdaq all A.M. Transports were bid out of the gate. The twit heads are all chirping about a consolidation GDXJ breakout. FCX,BHP & VALE are the names of interest, not the GDXJ. Flour … Continue reading
It’s an Amazon show. Semi’s are soft with aluminum producer Alcoa up leading BHP, VALE & FCX firm. Spu’s would require a 2696.50 print for a pressure relief reversal. I have no interest in being short. 30 Yr. Bonds are … Continue reading
Morgan Stanley earnings was positive. FCX,BHP,VALE & RIO are trading well with a risk on board. They are set up for higher prices. VXX…39.53 is today’s 200 DMA VIX…13.24 is today’s 200 DMA Oil…inventories today @ 9:30 CDT. 66.80 is … Continue reading