China Internet names have been bought against the FANG names. Three card Monte. It will be a time frame trade the rest of the day. LMT,RTN,HD,DE,CAT. Big cap names vs. FANG Look for the Indices to do nothing but grind … Continue reading
UNH..is attempting an ORH day by holding over 211.80. FANG names are not backing off. China names are leading this group. DE…is bottoming. MCD,HD look good. JPM…tested its 50 DMA and held. CME is leading the exchanges. Spu’s need over … Continue reading
Daily Market Intelligence 10-10-17
Daily Market Intelligence 6-2-17
It’s a Risk On morning led by the FTSE, which needs one more good close up here to target another 400 Points of rally. HD is up 3 dollars. I’m looking for the Bund & Bond rallies to keep failing. … Continue reading
Daily Market Intelligence 5-27-16
Booze was traded for energy going into the Oil storage #’s. Industrials, Banks & Auto makers are being picked up. Pretty much any instrument deemed cheap. UNH & HD have more upside. Longs should not give back more than today’s … Continue reading