Daily Market Intelligence 4-28-17
Daily Market Intelligence 4-27-17
Japan led last night with DAX & Spu’s trading with in yesterday’s ranges. Nasd 100 is firm with Biogen (BIIB) beating earnings now up $10. CAT beat and is trading over 100 Equity/Bond spreads in the U.S. and Europe remain … Continue reading
Daily Market Intelligence 4-24-17
Spu’s…medium term P&F..25X3 This is a range bound pattern. Until there is a clear break out above or below the current week range, sell rallies and buy breaks. Spu’s & Nasd are holding their weekly gains. AMZN ..put … Continue reading
Daily Market Intelligence 4-18-17
Pretty much the entire board is green with the exception of the FANG names. Not a good idea to fade this oversold rebound in the Indices today. AMZN..is today’s big loser. 878.60 is the most obvious bounce level. The Long-Term … Continue reading
Daily Market Intelligence 4-6-17
Spu’s..2344.75 is today’s ORL# Nasd 100…5406.75 Globex ORL Nasd 100.. 5415.50 is Pit ORL I didn’t think we’d get this low. A lot of stops were just run.
Spu’s… Pit session gap is @ 2358.50.The bottom of value on the 25X3 Point & Figure is 2353.25 Rule #1. Don’t chase strength going into the close on a Wednesday. Looks as if the world is beginning to recognize this … Continue reading