Daily Market Intelligence 7-17-17
MCD & BUD remain the features in Food & Beverage. GIMO..Gigamon is putting in a bottoming pattern PCLN is putting in an ORH week. Put this on your radar on a 15 dollar pullback. I’m told the options are a … Continue reading
Daily Market Intelligence 7-7-17
GOOGL…893.37-915.30 is the remaining gap. If we’re to see a mid-week shuffle low in the Indices GOOGL should bottom somewhere into the Gap. Oil…I thought you’d see the selloff that started in London after the inventory #’s today. Short term … Continue reading
Gold…rally is over with it trading weakest against the Yuan as the world goes back to a risk on footing into qtr end. SMH…gains upside momentum by maintaining over 86.05 targeting 87.80. Nikkei is putting in a bullish pattern that … Continue reading
Daily Market Intelligence 6-26-17
Spu’s…today’s 50 yard line is 2428. Spu’s are firm above the short term averages / weak below. Gold…is trading up into its 50 DMA. Gold should stall at 1260 ish with a risk on U.S. board. Traders who spread … Continue reading
Gold…those that bought Gold should raise the stop to breakeven. A close over 1256 is needed for upside follow through. Sustained price action above 1256 should see another 6 dollars before running into resistance @ cloud momentum. Manage your risk … Continue reading
Copper is trying to bottom with an Engulfing Bullish candle. Gold..manage longs against today’s low. FB…is a cheap look at a new long against today’s low. EXAS…Exact Science is a name that is just forming up to follow IBB higher.
Daily Market Intelligence 6-21-17