Daily Market Intelligence 6-27-17
Pre-market FB is closing in on mvg avg support @ 148.15 AAPL is short term oversold NVDA is coming into mean support @ 144-146. Spu’s just completed their first reversal since last night’s close. See how NYSE opens, Pay … Continue reading
I thought it worth a go for the 15-20 cents to articulate a Nasd 100 short Via the ETF. First it has a defined out where the Futures were already trading 20+ points below the breakdown level . What compelled … Continue reading
The heavily shorted names like TSLA & NVDA are up the most this A.M. Both are negating their negative patterns. AMD negates its negative pattern with sustained and closing price action over 12.40
GBP/JPY…138.93 is today’s 200DMA. The short side of the Pound should stall into this level the first time down. Nasd 100…5623 is weekly closing momentum line that has been holding since December. GOOGL… the gap is 920.53-893.96. This … Continue reading
NVDA…has been leading the chips this A.M. The pattern looks good for more gains. Risk is today’s low. Goldman…has been putting in higher lows just above its 200DMA. I like the risk profile. if its is going to get up … Continue reading
Welcome to the mid-week shuffle BG…Bunge is down after denying the Glencore takeover overture NVDA is making new all time highs up 3%. The rally continues to be relegated to a few names. The rest of the board is a … Continue reading
Daily Market Intelligence 5-10-17
Daily Market Intelligence 8-12-16
Stocks… Spu’s…2031-32 is initial support. 2044 is short term momentum. Spu rallies are getting caught up in the mvg averages again, where they have so far failed to gain upside momentum. 2056-59 (the 50 & 200 DMA’s) is the level … Continue reading