The early buying is in across the FANG names led by overnight gains in BIDU & BABA GT… GOOGL… HUM.. I’m not interested in trading the Indices. The sector rotation out of Financials into FANG names will make it … Continue reading
Daily Market Intelligence 8-2-16
Daily Market Intelligence 7-28-16
It’s Long Fang stocks & Semi’s against the rest of the board. NUGT…this is a must hold on a close area as well
30 Yr. …mind the gap…165.20 is the bottom and is an exit zone the first time up. TLT…Lines up just a smidge over 131. A lot of risk assets are expecting a dovish Yellen. FANG stocks and the KIWI have … Continue reading
Stocks… Nasd 100….4360 is resistance. A retest of 4265 would make for a low risk buy. NFLX…12% since last Wednesday. Anything into 101 is pretty good resistance AMZN…585 is mvg avg resistance and a 50% rally off it’s FEB low. … Continue reading
Stocks… AAPL…117.50 is the low risk buy level. Nasd 100…4882 is the 2000 high. The talking heads are myopically focused on the cash, when it’s the continuation Futures prices that matter. A hold in the Indices after the fed Wednesday … Continue reading
AAPL…I bought a little at the 200 DMA on today’s opening with a stop at a new low on the day. AGU… is breaking out to the upside. The next target is close to 102.50. FANG is doing one thing … Continue reading