Daily Market Intelligence 4-6-18
Stocks… IBB…322.50 is the closing hurdle. Sustained price action over this level is needed for another leg higher. AGN & ACT are two of the best looking Pharma names. Many of the names are in profit taking mode. These two … Continue reading
I’ll be leaving for meetings after London’s close. Nasd 100…4339 is the high daily & monthly close of the past 14 years. I’d look for natural price rejection the first time up. DAX…11,000 is going to be troublesome. dax needs … Continue reading
Stocks… FDX…breaks out to the upside over 175. VIX…14.85-59 is major support. I’m buying the 16 Calls Expiring 2/18/15 if we print into this level. Size matters with this strategy. The goal is to hedge up half your long portfolio. … Continue reading
Stocks… SPU’s…the mid to high 2060’s will remain resistance and the closing upside pivot. 2039 is 50 DMA support. Nasd 100…the mid to high 4260’s will remain macro resistance and the closing upside pivot. DAX…10,590 is mvg avg support and … Continue reading
Stocks… SPU’s…the mid to high 2060’s will remain resistance and the closing upside pivot. 2039 is 50 DMA support. Nasd 100…the mid to high 4260’s will remain macro resistance and the closing upside pivot. 4224 is 50 DMA resistance. XOM…89.55 … Continue reading
Stocks… SPU’s…2065 is resistance and the closing upside pivot. Spu’s and the spreads put in ORH days yesterday. It’s all about whether the market holds a retest and honors the pattern. EFA…64.00 is the first tgt. 65-65.20 is major resistance … Continue reading
BUY DXJ Market On Close BUY BRKB Market On Close