Daily Market Intelligence 12-11-20
XRT..Retail was on the boil yesterday. Fast Food names, RL,TPR,GPS,LEVI,GOOS,CROX. Low grade dog food and what’s on everybody’s shopping list for the holidays. Spoo’s should hold above 3468.75. Looking for 3519.75 to fill out the 50X3. Small and Midcap weighted … Continue reading
Daily Market Intelligence 10-5-20
Daily Market Intelligence 8-10-20
Spoo’s filled in the curve on the 25X3. be patient for the next move. Euro..has completed its short term swing count to the downside. This has to breathe. Midcap 400…has the bigger upside potential with the least amount of risk today. … Continue reading
A headline driven rally to nowhere? I’ll reserve judgement until after the U.S. capital flow shows itself. Spoo’s will take into the 40’s to turn up on the 50X3. Midcap rallied back to its 200 DMA Russell is nowhere. Silver hit … Continue reading
Daily Market Intelligence 5-23-19
Risk spreads are positive with a rotation into small and midcap. CVS is bottoming. I have a bid for the May 55 calls @ $1.18 BA is showing ORH. Financials of all ilk in rally mode. YEXT is another name … Continue reading
Amazon led the initial rally. Once it hit fib resistance everything stalled. Spu/Bond has been bid just like yesterday Morning. This simply tells you not to sell weakness in the Indices. I bought CRON just after the opening @21.61. Midcap … Continue reading
Daily Market Intelligence 2-20-19