Daily Market Intelligence 10-23-19
Risk on world. Nasd led along with Industrials and Transports. Nasd 100 Monthly ORH buy stops are @ 7982.75 We liked MSFT,JBHT,FDX early. All we said in the room after PAX Group bought was do not sell anything you don’t … Continue reading
Daily Market Intelligence 9-30-19
Gold…it will take a couple of closes over 1422.50 to form up for a rally. It’s in correction mode against the major currency pairs. There are three different charts to consider when trading the Gold. Make sure you know what … Continue reading
Daily Market Intelligence 8-1-19
Gold/Silver spread was in play form last night’s Asian opening. 8594 is its 200 DMA, where one would expect the Gold to firm up against the Silver again. 30 Yr. Bonds.semi-annual need a couple of closes over the mid 157’s … Continue reading
Full Moon weekend trading. The short side is finished for this flow. Whatever happens this afternoon can happen without me. MU, MSFT, & INTC all have good trad able lows today. Gold…1349.80 is the 50 yard line going into Month … Continue reading
MSFT…has another 5 dollars AAPL…bought all A.M. via calls. very close to a weekly cloud breakout. MMM…looks to be today’s value trade. AMD..call buyers bought time @ the 45 Dollar strike. 39 is achievable in short order. Spoo are headed … Continue reading