Daily Market Intelligence 8-28-18
Daily Market Intelligence 4-25-17
Daily Market Intelligence 6-3-16
Spu’s …have filled out the short term P&F. Bears will need all new price action under 2086 for lower. 2096-97 bands the upside. WYNN & UNH are looking good. HUM…held it’s 200DMA early, and is on a mission higher. The … Continue reading
Resource names are still going. LNG,GLNG,DVN,GPOR & CBI in Natgas Infrastructure. IBB is attempting an ORH day. This sector is not overbought. The risk to own this sector is today’s lows. ILMN,GILD, BIIB,SRPT,ICPT & GSK are attempting ORH days. The … Continue reading
Stocks… YELP…I gave it a go and it rallied 3% right into weekly resistance @ 48.50 and rejected. I’m not married to it. Biotech always has a couple of names in play for 5-10% a day. Time to refocus. KITE.…rallied … Continue reading
Stocks… Spu’s…a couple of closes over 2120, where the resting pattern buy stops are, is needed to re kindle a feeding frenzy in equities. VIX…I’ll look to give this another go in the mid to low 12’s via a long … Continue reading
Europe is not on daylight savings time for another 2 weeks. The close is 11:30 CDT We just missed getting filled in GOOGL. I’m leaving the order in, however it could spike through the level to closer to 554 and … Continue reading
DIS…is one of the best names to hold. it’s barely budged with today’s early sell off. Still looking for 112 as long as there is no close below 104.40. PANW…held an early sell off as did CYBR & FEYE. Hack … Continue reading
The path of least resistance is up the later in the day it gets. JPM & C are attempting ORH days. GS…is attempting an ORH day. A close over 190.20 would confirm the pattern. KBE… breaks out with a close … Continue reading