Rotation out of FANG names into Insurers, Banks Industrial and Transports. Midcap has an ORH working along with the XLI & IYT. Amazon hit its first downside objective @ 1704 Resource plays abound with Russia, India ” which had negative … Continue reading
Daily Market Intelligence 5-8-19
Daily Market Intelligence 4-15-19
Daily Market Intelligence 4-12-19
Bond Futures Lower = Financials rip Oil is firm. LONG PBR April 18 16 Call @ .67 cents. I’ve been out of the name from higher. Bought the calls to keep margin free. Industrials are being led by CAT Transports … Continue reading
Transports led early strength PRED… I added to longs @ 2.45 VKTX…Viking broke out. I have an Initial upside target @ 12.44 with an ultimate 15 print. Oil led Brazil & PBR higher. Names are responding to profit taking in … Continue reading
Daily Market Intelligence 3-21-19
AMZN it has pierced its 200 DMA @ 1730. Look for breaks back into 1730 to hold and match up with the Indices. 1775 is resistance with the really big stuff coming in just shy of 1800. Spu’s Looking for … Continue reading
Daily Market Intelligence 3-5-19
Daily Market Intelligence 2-28-19