Daily Market Intelligence 9-9-16
Daily Market Intelligence 8-24-16
The board is coming back to mama. Oil is leading and today’s lows in the Oil majors seem to be pretty good. Crude itself had a nice bounce off support. Sustaining up here will lead to another buck keeping the … Continue reading
CVX…this is a topping pattern. A close below 100.40 would confirm more profit taking. Whether this is just money management going into month end or more remains to be seen. COP…has the same pattern. I’m sending this because more than … Continue reading
XLE…there is room for a good run. OXY…pattern is good on both the daily & weekly COP EOG…trading at it’s 200 DMA HAL…held it’s 200DMA on today’s low. Use that for risk management. FSLR…radar for the day. This typically gets … Continue reading
Stocks… WFT… is up in pre market. This should trade into the $8 level. COP…has broken out. This looks good as long as there is no close below 35. PSX…buy any weakness into the 81’s LNG…despite Natty failing … Continue reading
FB…98 was resistance. This was a big miss by me today as the low of the day was the 200DMA. It needed to prove itself above 98 for higher which it is doing as i write. AAPL…needs above 101 COP…this … Continue reading
FB…98 was resistance. This was a big miss by me today as the low of the day was the 200DMA. It needed to prove itself above 98 for higher which it is doing as i write. AAPL…needs above 101 COP…this … Continue reading
Stocks… All the indices went green last night. Spu’s…(H) resistance starts at 2038 ( the major mvg averages) on up. COP,XOM & XLE…all show buy signals. BUD…shows a buy signal. Mvg avg support is 120.55-119.93 (your downside risk to own). … Continue reading
Stocks… Spu’s…we’re getting pattern follow through from last Friday’s ORH’s. Nasd 100…mvg avg resistance starts today @ 4355. COP…52.50-80 is first resistance. Above, look for a move to 55+. DIG…35.36 is weekly momentum. Bonds … 30 yr. Bonds…157.29 is today’s … Continue reading