Risk spreads are holding their respective short term moving averages. Spu… 2907 is unchanged on the month. 50X3 Point & Figure would need a print just below 2900 for a downside reversal DJI…25,964.8 is unchanged on the month. Nasd 100…7674 … Continue reading
Mid-Week Shuffle.. The early show has EAI @ 9:30 CDT. Typically today is an extreme day for the Oil. 70.48 is the lowest risk buy level. Natgas Futures expire today. SHCOMP has been in rally mode since the 18th. Not … Continue reading
Full Moon Trading Spu’s…looking for 2915 ish as first support. It would take a 2901 print to put in a reversal on the Long-Term P&F, making 2894 the lowest risk buy level. Oil…looking for it to trade from one level … Continue reading
Daily Market Intelligence 9-24-18
AMZN ran the ORL daily stops. Best pick your poison wisely. Oil double topped for now on a Long-term chart. ALKS…wet my pants and got out early> it just hit the exit level @ 42.10
Daily Market Intelligence 9-21-18
Financials and Oil CVX, PSX & COP look good for a bounce. RDSA has a big fat dividend. FANG names are in rest mode. Spu’s (Z) would need to sustain over 2917 late to extend Crude 25X3
Daily Market Intelligence 9-13-18
Daily Market Intelligence 9-5-18
TLRY, GOOGL, AMZN & SQ GOOGL & AMZN will be a gap trade. Pay attention to a retrace to yesterday’s high. These names are up and the Indices are in park. Oil needs to sustain over $69 on the long-term … Continue reading