The Financials and in particular the Insurance names have been bought as the Bonds implode. GD,LMT & RTN have been firm all A.M. and should continue to do well. Day traders should keep OSTK, XNET & WTW on your radar. … Continue reading
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
Daily Market Intelligence 11-3-17
It’s currently hot & Sweaty after the eclipse. XLP… is putting in an ORH day. IBM looks sold out and is ripe for a rally LMT…is trying to turn back up. Fearless leader is speaking tonight so maybe someone … Continue reading
Of interest this A.M. is Merkel’s recent comments stating that the Euro is to weak. Defense stocks like LMT are up in pre-market after Trumps’s Saudi visit. Wait for New York to come in to see how the week shapes … Continue reading
Daily Market Intelligence 3-20-17
LMT…240.98 – 242 should temporarily stop The Donalds Tweet break. WWII …it was loose lips sink ships. Now it’s a Tweet. GS…Goldman is attempting an ORL day which could derail the financial rally for a while. The Stock rotation is … Continue reading
daily-market-intelligence-12-12-16
Daily Market Intelligence 10-14-16
Everybody is Bearish Equities and Bonds. S&P 500 & Dow are trading just a few points of either side of unchanged on the month. All they have to do for the technicians to be happy is close unchanged to higher. … Continue reading