Daily Market Intelligence 7-17-18
Transports and Oil are taking the market s lower JBHT..has led the reversal lower as great earnings quickly faded. JBHT has now seen almost a 8% selloff into its 200 DMA Spu..25X3…needs a 2786 print for a reversal. Not entertaining … Continue reading
Equities found early footing with Mutual Fund buying The early direction is ebbing with retests in AMZN,IYT. Semi’s have lagged with Micron & Nvidia trading well. Non-correlated names like WDAY & SHOP were the best early trades. Investors want to … Continue reading
Daily Market Intelligence 7-2-18
Daily Market Intelligence 6-18-18
DJI & SPU have gained on the Nasdaq all A.M. Transports were bid out of the gate. The twit heads are all chirping about a consolidation GDXJ breakout. FCX,BHP & VALE are the names of interest, not the GDXJ. Flour … Continue reading
Transports and Financials have led early The railroads have led the Transports. Oil has not put a reversal in, possibly telegraphing topping potential. PSX..longs should use today’s low for risk management. Spu’s…I need a close over 2682 for an upside … Continue reading
Daily Market Intelligence 5-4-18
The day is young. More two way trading. Lots of initial rallies to nowhere. If the technical model is to try andĀ turn up, today needs to be the low. DJI came close to it’s 200 DMA on LOD and … Continue reading
Hey Bubba ..Tweet me up. DJI,XLF, IWM MidCap et al. are @ their 200 DMA’s. IYT just above. XLU..ORl day. Spu…gapĀ 2517.70-80 is the next gap. The Spu/Bond spread hits it 200 DMA closer to 2500 Futures Spu’s… DJI…