CMA…loses upside momentum below 68.85 and would be vulnerable to a bout of profit taking. GS…loses upside momentum below 240 and would be vulnerable to a bout of profit taking. Both names were downgraded to sell by Citigroup this A.M. … Continue reading
daily-market-intelligence-1-5-17
daily-market-intelligence-12-6-16
Daily Market Intelligence 11-29-16
Daily Market Intelligence 11-28-16
Daily Market Intelligence 11-14-16
Gold…1243.20 was the Oct. Unemployment Low. If the sell stops get elected under this low over the next couple of sessions, it would be a good place to look for a bear trap. Oil…43.44 is today’s 200DMA. A week ago … Continue reading
Daily Market Intelligence 8-16-16
Daily Market Intelligence 6-30-16
U.S. Indices are stronger than i thought. Some sectors and names are lagging so here is a look at some ideas. Spu’s…I’ve no interest in picking a high. FDX…is lagging IBB…is gaining upside momentum over 251.60. Nasd has to have … Continue reading