Tag Archives: Crude Oil
Midday Missive
Transports and Financials have led early The railroads have led the Transports. Oil has not put a reversal in, possibly telegraphing topping potential. PSX..longs should use today’s low for risk management. Spu’s…I need a close over 2682 for an upside … Continue reading
Daily Market Intelligence 5/8/18
Daily Market Intelligence 5-8-18
WhiteWave April 2018 Update
What’s Next? As is typical with market corrections, they seemingly come out of nowhere catching most investors off-guard. This most recent correction which began late January was no exception. However, clients of WhiteWave were forewarned with enough time to … Continue reading
Midday Missive
I’ve have nothing for you that will make you money without risking a lot. This capital flow marking the end to Europe’s month is just about in the books. Oil & U.S. refiners benefit from Month end flows. I’m not … Continue reading
Midday Missive
Sell the earnings pop should be a theme the rest of the week. GOOGL is down 90 dollars from yesterday’s high @ its 200 DMA. Energy is the sector that remains firm. I would not chase this nor would I … Continue reading
Daily Market Intelligence 4/24/18
Daily Market Intelligence 4-24-18
A.M. Look 4/23/18
30 yr. Bonds are trading at the levels from the last FOMC meeting. May 2 is the next meeting. Be patient for rallies. Risk spreads are firm led by the Bond break, not Equity Strength. Metals and the Dollar are … Continue reading
Midday Missive
AAPL..166.87 starts support. 200 DMA @ 165.53 USD/MXN is reversing last Friday’s pattern and putting in a ORH week, weaker peso=risk off equities. GBP/USD…ORL weekly pattern working. The house of lords crowd are wearing the family heirloom attire handed down … Continue reading
A.M. Look 4/20/18
Here is what I see. Mixed board..DAX & FTSE are nearing their respective 200 DMA’s Trump is tweeting down the price of Oil. AMZN received a PT upgrade to 1800. USD/MXN weakened with a Risk off board yesterday to it’s … Continue reading
A.M. Look 4/19/28
It’s an Amazon show. Semi’s are soft with aluminum producer Alcoa up leading BHP, VALE & FCX firm. Spu’s would require a 2696.50 print for a pressure relief reversal. I have no interest in being short. 30 Yr. Bonds are … Continue reading