Daily Market Intelligence 2-19-19
Indices are up on tentative shutdown deal. Both Indices are at the top of value on the P&F charts. Oil and Oil names lead on Opec cut talks. Spu’s have a pit gap @ 2718-23 Nasd 100…6964.50-6972.25
Daily Market Intelligence 2-12-19
Disney has lost all traction since earnings. AMZN high today @ its 50 DMA stopped the Indices. Oil refiners were bought on rotation. UNH…traded to its 200 DMA @ 257.54 and held. It’s a big level that must hold for … Continue reading
Daily Market Intelligence 2-6-19
Daily Market Intelligence 2-5-19
The early trade has been Long FANG, Service Names, Pot Stocks & Finntech Roku broke out above its 200 DMA, would not chase. Nvidia is trad able against today’s low. 151.30 print fills its earnings gap. AAPL want s to … Continue reading
Daily Market Intelligence 2-4-19
Service & Energy names have been leading. Now… doubled its earnings beat by adding another 15 dollars. AMD shows some daily oscillator resistance starting @ 24.75 Profit takers in BA. Crude shows a breakout on the Long-term P&F
Oil is breaking out of its recent rang to the upside. AMD weekly ORH level is 22.03 The early show saw the MIDCAP and RUSSELL elect their respective ORL stops and reverse Trade the names off their own technicals. The … Continue reading