Tag Archives: Financials
Daily Market Intelligence 6/4/21
Daily Market Intelligence 6:4:21
Midday Missive
Square started the Financial party this A.M. It wants to trade 81.53 ( the December breakdown level) Chubb, JPM & the credit card processors are strong. Nasd 100 is breaking out against all Indices. Very Bullish! Time frame trading the … Continue reading
Midday Missive
There were a lot of lottos being played via today’s expiring Puts in the Spy. Financials are awful along with the Insurers. Service names and Finntech have been bid early FB,NFLX AAPL are holding. CME rallied to resistance. Europe and … Continue reading
Midday Missive
The early buying has been in gaming names & Financials. MLCO, ERI & WYNN in gaming. GS has led the big banks with the insurers all bid. FLR needs a close over 41.56 to get some upside momentum. Long USO … Continue reading
A.M. Look 5/30/18
Banks will be on the menu this A.M. with the break in the Bonds. BAC after trading to its 200 DMA yesterday is a low risk candidate, using the 200 DMA @ 28.70 for risk management. Many energy names all … Continue reading
Midday Missive
Transports and Financials have led early The railroads have led the Transports. Oil has not put a reversal in, possibly telegraphing topping potential. PSX..longs should use today’s low for risk management. Spu’s…I need a close over 2682 for an upside … Continue reading
Daily Market Intelligence 2/2/18
Daily Market Intelligence 2-2-18
Midday Missive
Financials up as one would expect with yields rising. Insurers AIG & Chubb are following through to the upside. Gold names were a gap and go. Oil held an Inventory mid-week sell off. Closing above 65 projects higher. Energy names … Continue reading
Midday Missive
The board is into Profit taking with the rotation back into Financials Oil names and Miners are done for a bit KBE…Regional Banks
A.M. Look 1/2/18
Investors have been buying the U.S. selling European Indices for the past 2 1/2 hours. I would expect to see an early rebound in U.S. Financials as they were sold Friday by the robots. My expectation is that there will … Continue reading