OIL…49.60 is today’s 200 DMA in (V) October. Resting sell stops and today’s ORL # is 49.41 November (X) trades @ a 50 cent premium. NVDA continues to lead the Semi’s
Daily Market Intelligence 9-14-17
Oil…EIA is @ 9:30 CDT. Oil is at the top of value on the P&F. it will have to prove itself above this level for a retest of its 200 DMA @49.53. I have no opinion one way or … Continue reading
Daily Market Intelligence 9-6-17
Daily Market Intelligence 9-5-17
Daily Market Intelligence 8-23-17
Daily Market Intelligence 8-22-17
OXY is trading at the Stop on close level. Granted the entire Oil patch does not act well. OXY has been languishing in a range. It’s still just above its 50 DMA & cloud support. Given the Oil pattern I’ll … Continue reading
Brick & Mortar retailers are up on Target’s earnings as AMZN is weaker on the spreads. It’s Wednesday, making it a late day show with all eyes on the 1P.M. CDT FOMC minutes. Today is not a day to chase … Continue reading
Daily Market Intelligence 8-15-17