Tag Archives: China
Midday Missive
Sell the news with a back and fill. China names led the profit taking. Energy sector acts best. Soybeans..raise your trailing stop to 10.50 close. Not sure how the afternoon set up. Currently Spu’s would need a 2658 print to … Continue reading
A.M. Look 4/10/18
XI gave a great speech last night that was roundly embraced as he portrayed himself as the adult on the world stage. Oil is trading right at closing resistance. The Longer-term P&F charts in the Spu & Nasd show potential … Continue reading
Daily Market Intelligence 3/21/18
Daily Market Intelligence 3-21-18
Daily Market Intelligence 3/2/18
Daily Market Intelligence 3-3-18
Midday Missive
China tech names have been weak against FANG Oil looks to fill its pit gap @ 5670, where it will decide the next direction. Healthcare led by UNH has been keeping the QQQ firm It will be a time frame … Continue reading
Midday Missive
UNH..is attempting an ORH day by holding over 211.80. FANG names are not backing off. China names are leading this group. DE…is bottoming. MCD,HD look good. JPM…tested its 50 DMA and held. CME is leading the exchanges. Spu’s need over … Continue reading
The Late Show
Goldman is putting in an ORL. The gap is 232.91-231.44 which falls just above its 200 & 50 DMA’s into 230. This is the level to trade against for a bounce. Citibank…don’t lose money on the trade!! Spu/Bonds look tired … Continue reading
MCHI…Closing Trade Alert!
I feel like I’ve just stepped up to the pass line at a craps table. Here is the rub. I like the thesis, however I don’t like the ORL pattern in the SHCOMP although it’s sitting right on trend momentum … Continue reading
MCHI…Trade Alert!
BUY MCHI @ the Market ! This is an opening position with a 10% portfolio weighting. You can choose this ETF or the FXI. I’m reticent of buying strength in the SHCOMP, which has been leading all Indices.