Tag Archives: DJI
Midday Missive
IYT ..Transports are leading. DJI.…leaders CAT, DE, CSX, NSC. Tech…NVDA has the cleanest pattern for higher. TSLA is working on an ORH running all the shorts out once again going into month end markings.
A.M. Look 11/20/18
Chips are getting mauled. There will be no help from retail. AAPL will gap down electing qtrly sell stops on the opening. It will take recovery over 183.42 and a close over 185 to stabilize. Spu’s will need 24 points … Continue reading
Daily Market Intelligence 11/13/18
Daily Market Intelligence 11-13-18
Daily Market Intelligence 10/23/18
Daily Market Intelligence 10-23-18
A.M. Look 9/27/18
Risk spreads are holding their respective short term moving averages. Spu… 2907 is unchanged on the month. 50X3 Point & Figure would need a print just below 2900 for a downside reversal DJI…25,964.8 is unchanged on the month. Nasd 100…7674 … Continue reading
Midday Missive
Rotation favored the buying of big cap tech and the selling of Dow names. Many like CAT are not done with a needed correction. Equity/Bond spreads show more corrective price action is needed. VXX…resistance starts @ 27.64. It doesn’t have … Continue reading
Daily Market Intelligence 9/24/18
Daily Market Intelligence 9-24-18
Daily Market Intelligence 9/21/18
Daily Market Intelligence 9-21-18
A.M. Look 9/20/18
DJI…26,616 is the all time high. yesterday the Dow hit its swing count. Closing this week above the all time high will attract buyers into qtr. end.Oil…wants to elect the stops above 71.50 that have been building for ages. 69.60 … Continue reading
Daily Market Intelligence 9/19/18
Daily Market Intelligence 9-19-18