Daily Market Intelligence 11-29-18
The two volatility events today are EIA Petroleum report and Powell’s speech. I’m expecting one back and fill in the Indices to yesterday’s highs. Nasd 100 is leading with the spread breaking out above its short term oscillators. Spu/Bonds..have the … Continue reading
Daily Market Intelligence 11-28-18
Gold in Euro is putting in an ORL day. The dollar looks to keep rallying against the Pound & Euro. Canadian is getting hit on the GM closings and the failure of Oil to hold above its 200 WMA @ … Continue reading
Daily Market Intelligence 11-27-18
Lots of politics on our plate for the week leading into hopeful outcomes from world leaders at G20 Friday. Spanish and Italian debt futures are in rally mode. (Risk On) Oil put in a lower low by a few ticks … Continue reading
Names are bouncing between major moving averages. Oil..very ultra short -term stays firm above 54. EOG is the name I’m focused on late day in the energy space. can it remain firm and breakout to the upside. Financial names have … Continue reading
he next A.M. look will be published 11/26/18 Judd’s room will be closed 11/22-11/23 Today is GANN DAY. This simply means that you’re looking for market extremes today. Spu’s would need a 2679 print to confirm the 2632 low for … Continue reading
Daily Market Intelligence 11-21-18
December (Z) Crude expires today. (F) January is front month. It will be a thin shortened week with most traders minds already out the door for the holiday. Retail looks sick and AAPL cutting production overnight does not help. Full … Continue reading