Daily Market Intelligence 4-19-18
Daily Market Intelligence 4-16-18
Sell the news with a back and fill. China names led the profit taking. Energy sector acts best. Soybeans..raise your trailing stop to 10.50 close. Not sure how the afternoon set up. Currently Spu’s would need a 2658 print to … Continue reading
Chips,Industrial s, along with the scrum to buy Financials ahead of tomorrow’s earnings. Transports have been particularly well bid. Look for this flow to dovetail Dollar buying with a strong European session finish. GBP/JPY is the best looking cross. Spu … Continue reading
Oil..67 is near term resistance with 69 being 50% retrace for this decade. Given its Wednesday, I would not be chasing Oil strength. I’d rather use the strength to collar positions in the Oil service sector by buying Puts and … Continue reading
Daily Market Intelligence 4-11-18
XI gave a great speech last night that was roundly embraced as he portrayed himself as the adult on the world stage. Oil is trading right at closing resistance. The Longer-term P&F charts in the Spu & Nasd show potential … Continue reading
Daily Market Intelligence 4-9-18
Daily Market Intelligence 4-4-18
Daily Market Intelligence 4-3-18