TIF…Tiffany is the big pre-market winner today. People are obviously spending money. Oil..is lower on Russia’s refusal to attend OPEC. Mvg avg support comes in @ 45.60 today. Below there is room for a move to 44.54 its 200 DMA. … Continue reading
Daily Market Intelligence 11-29-16
Daily Market Intelligence 11-28-16
U.S. Ten Yr./Bund The rise is U.S. rates is taking a breather against the German 10’s. be careful where you sell the U.S. instruments given investors are position squaring ahead of the U.S. Holiday. December Oil futures expire today. … Continue reading
YUM Brands… Oil…followed through to its next # set and reversed. There is nothing to do with this. Gold…traded the 1205 Fib I’ve been looking for since the beginning of Oct. Not touching it at weeks end. Nasd is ok … Continue reading
Oil is putting in an ORL day SCO the matching short ETF is doing the commensurate ORH I’m looking for follow through
Nasd 100…I can wait for the breakout Oil…is struggling at resistance. Sell rallies The trade will be difficult. Soxx led yesterday and is now getting rich. You’re best luck will be found digging through the names for trade location.
OIL..Crude is starting to roll. January (F) will be front month. The volume is just slightly more in the Jan. than the DEC. contract. January is trading at a 60 cent premium to Dec. Euro…107.60 ish on the Point & … Continue reading
OXY…Occidental is trading higher this A.M. use the strength to pay for the trade. Mvg avg resistance begins @ 69.41. Crude…I’m going to watch this for a while. Spu’s…have to break 25 points off last nights high and close at … Continue reading
Daily Market Intelligence 11-16-16