30 Yr. Bonds…retrace levels. Take the obvious “155.19 Friday’s close”. unchanged on the week. Oil…i doubt you’ll see much above 45.60 today. I like yesterday’s low in OXY. Look to the names.
Daily Market Intelligence 11-14-16
Gold…1243.20 was the Oct. Unemployment Low. If the sell stops get elected under this low over the next couple of sessions, it would be a good place to look for a bear trap. Oil…43.44 is today’s 200DMA. A week ago … Continue reading
Spu’s…Pit Gap gets filled! 30 Yr. Bonds…have another point to the downside before it needs to regroup. Oil…is attempting an ORH day. 46.31 is Mvg Avg resistance. My opinion from this A.M. is that the low is in for a … Continue reading
Daily Market Intelligence 11-8-16
Daily Market Intelligence 11-7-16
I wanted to buy 43.45 for a low risk buy for a pop. The low was 43.57 and rallied a dollar into the last target of 4440-60. This was the wiggle I was looking for. 43.45 is still a level … Continue reading
Daily Market Intelligence 11-4-16
Daily Market Intelligence 11-3-16
TSCO…any traders who bought this A.M. should pay for the trade and use a breakeven stop on the rest. Anything close to 65.40 is the exit zone for the rest. U.S. Indices are sloppy at best and currently reacting to … Continue reading