Daily Market Intelligence 5-3-17
The NYSE will be running the board through Monday, with Europe closed for their May Day Holiday. Volumes will be lower than normal. Absent a tweet bomb from our leader, traders will be reticent to sell into Mutual Fund Monday. … Continue reading
Daily Market Intelligence 4-28-17
Waiting on the ECB and more earnings. Euro..200 DMA is @ 108.36 a level that should bounce the first time down. The early show will be run off the 7:30 CDT press conference. The latter part of the day will … Continue reading
Daily Market Intelligence 4-27-17
Daily Market Intelligence 4-7-17
Pretty much the entire board is green with the exception of the FANG names. Not a good idea to fade this oversold rebound in the Indices today. AMZN..is today’s big loser. 878.60 is the most obvious bounce level. The Long-Term … Continue reading
Daily Market Intelligence 4-4-17 Daily Market Intelligence 4-4-17
Daily Market Intelligence 3-30-17
Rule #1..never chase closing direction on a Wednesday. AMZN has been leading all day followed by GOOGL It looks to be a chase higher into the close with the Nasd 100 setting up for a close over my upside pivot. … Continue reading