Daily Market Intelligence 7-24-18
PBOC weakens Yuan is the overnight headline The Dollar is bid along with slightly higher U.S. yields ( lower Bond Futures) September Oil (U) trade @ a $120 discount to August. August contract expires tomorrow. Lumber is getting oversold on … Continue reading
The low is in for the day. XLI is breaking out above its 200DMA Dji and big cap names have been gaining on the small caps for days. NFLX put in a Wednesday low. Look for higher once through 384. … Continue reading
Daily Market Intelligence 7-18-18
Daily Market Intelligence 7-17-18
Amazon…should see a retest to 1815.30, Friday’s High. Oil & Euro have filled out their Point & Figure charts. Give both time to set up. Oil… Netflix earnings after the close. Market is waiting more data and Trump-Putin comments.
Daily Market Intelligence 7-16-18
Daily Market Intelligence 7-9-18
Tech…FB,NFLX,NTES are leading. Healthcare is good, look for higher. SX..Nov Beans has a bottoming pattern. Buy a retest into 8.67 with a tight stop to see if the pattern is real. I’ve no interest in the short side of the … Continue reading
Daily Market Intelligence 6-20-18