Daily Market Intelligence 9-2-19
Indices …classic opening range trade. SIL,GDX & VXX were bought early. Big cap tech led the selloff. Energy buyers looking for yield early puked later. This is the end of the London flow with traders exiting Risk for the long weekend. … Continue reading
Daily Market Intelligence 8-30-19
Spoo’s held a lower cloud retest last night and have now filled out its Point & Figure. Once again Indices are at the top of value. Risk spreads are pushing up through their respective momentum levels. Gold is languishing against all … Continue reading
Daily Market Intelligence 8-29-19
30 Yr. Bonds are running the show. Healthcare started to pick up along with retail early. Honeywell shows a descent low. Transports trapped the shorts. FLR will need a close over 17.15 to confirm higher. I exited the bulk of … Continue reading
Daily Market Intelligence 8-28-19
Silver is beginning its roll. Time to put up the December (Z) contract along side the Sept. (U) December is picking up the front month targets. Be sure you’re looking at the correct map!! Note the difference in Gold/Silver using … Continue reading
Daily Market Intelligence 8-26-19
Sold the remaining trailers in the QQQ puts when the spread ran the ORL daily stops Out of the runners @ 1.20. VIX @ its gap was a great tell. Something we went over early in the room. Sold 2/3rds of … Continue reading