It’s Wednesday. Money for nothing! This is an exit zone for longs. The matches are the Nasd 100 & Russell #’s. Roku was upgraded with a 119 target. Cron received an upgrade with a 20 target. What is surprising is … Continue reading
Daily Market Intelligence 6-5-19
2 yr. Notes hit and filled its initial gap going back to December 2017 @ 107.057. Oil hit its final objective last night @ 52.40. I’m now expecting a retest of its 200 WMA @ 55.36. A print into the … Continue reading
Play the match game today!!! Spoo is there. Nasd 100 @ 50% level Oil..close enough. 30 Yr. Bond @ 50% level Gold close enough to cautious of the rally. Waiting for Trumps buddies to blow up his phone this A.M. … Continue reading
Daily Market Intelligence 5-30-19
Daily Market Intelligence 5-24-19
Mr President AKA “Baby Huey” was at it again being a petulant infant. I don’t disagree with his general stance on China. I do not believe that emulating Krushchev will get you what you want with the Chinese. This is … Continue reading
Daily Market Intelligence 5-23-19
Daily Market Intelligence 5-21-19
Spoo’s are into initial support @ 2843.. Looking at the risk spreads in the Spoo & Nasd, which are below their respective 200 DMA’s, I’ not picking a bottom. I’m interested to see if investors bottom fish the Semi’s. Oil … Continue reading