Daily Market Intelligence 9-10-19
Internet names led early with PSX & CVX in the Oil patch. WMT,CVS,HD were bought on yield plays. NVDA & NXPI KSU & FLR, the two names that bottomed first, are still extending to the upside. The game is … Continue reading
CVS put in a nice low. IBB ran the monthly ORL sell stops and reversed. Bullish EXEL put in a tradable low. Chips were bought early. I bought AMD May 28 Calls ..currently flat the calls Gold rolled over leaving … Continue reading
AAPL..1is coming up into its gap from Nov 1 this is not a place to press direction. CVS is trading well. The board is a trade the name on its own merits affair. PSA is today’s stand out in the … Continue reading
Risk spreads are positive with a rotation into small and midcap. CVS is bottoming. I have a bid for the May 55 calls @ $1.18 BA is showing ORH. Financials of all ilk in rally mode. YEXT is another name … Continue reading
Daily Market Intelligence 4-30-19
Nasd 100… 50 DMA 6760 Spu’s..Mvg avg resistance begins in the low 2660’s CVS..has been trading well for a while. resistance starts @7250 with 73.30 its 200 DMA Look for a couple of flows today with the better move after … Continue reading
Daily Market Intelligence 8-26-16