Daily Market Intelligence 6-23-17
The morning has started off as a big sector rotation into Healthcare. Biotech names are leading the Nasd 100. OIL… 42.75 is support and the downside closing pivot. Resistance is at the bottom of the gap @ 44.33. You … Continue reading
Daily Market Intelligence 6-21-17
Daily Market Intelligence 6-20-17
NAVI…Navient Financial is a payment processor with a 4% yield. 16.39 was the April high which is now within reach. Index wise the Spu’s & Nasd 100 have tested their initial upside. Time Frame trading the rest of the day. … Continue reading
Spu’s… Nasd 100…5763.75 is the weekly ORL #. This isĀ resistance and the upside closing pivot. Nasd 100 weekly Be patient to see what sector leads today. The less you do the happier you’ll be. The above charts are … Continue reading
AMAZON & Nasd 100 both hit their respective 50 DMA’s at the same time. This is all I was looking for in this move! Amazon over 966 later today will run every short out of the market. Take your money!!!!! … Continue reading
The capital flow should remain negative into London’s close. This will give those that are short the opportunity to take some money off the table into the NASD 100 50 DMA 5631 or 17.75 QID. Look to pay for your … Continue reading
We’re getting back to volatility and bigger mid-week shuffles. Spu’s…double top…double bottom… AMZN…anything into the low 950’s is a potential bounce zone into its 50 DMA @ 950.50. QID…today’s resistance is @ 17.75. The above is a matching level where … Continue reading
Daily Market Intelligence 6-15-17