Russell and Midcap have continued last weeks theme with continued weakness against the Dow & Spu’s. Spu’s show a short-term double top on the 25X3 NVDA continues to soar fueled by weekly option buyers. I’d expect a try @ 75.50 … Continue reading
Daily Market Intelligence 9-27-18
Euro..showing an ORL pattern by sustained price action below 116.64. Typical ECB price action. Look for a stronger dollar across the board going into today’s FX close. DJI & Midcap were bought all A.M. against Nasd names. Disney, Rails, Insurers … Continue reading
Daily Market Intelligence 3-7-18
Daily Market Intelligence 12-8-17
Daily Market Intelligence 12-7-17
Try not to lose sight of the fact that the Russell & Midcap continue to lead with a strengthening Dollar. Many of the banking names like BAC are making or @ new highs for the year. While I look for … Continue reading
Daily Market Intelligence 12-5-16
Spu’s Nasd 100 Nikkei Midcap GOOGL AMZN Crude USO Nikkei Recap: we held a mid week low, with trend turning up into mid week next. We had a B.S. break into Mid Day to get long the Equity Indices against … Continue reading
30 Yr.Bonds & TLT are attempting an ORH days. I still have a few 98 FB calls which expire Friday as well as a few MSFT 48 calls. I am Long TLT against my long calls. Midcap looks horrific working … Continue reading