AMZN…1503.30 fills the gap. Amazon has led all A.M. NVDA…led the semi’s. CRM Low of Day is good. AMD bottomed just under its 200 DMA Spu’s…Longs should be managed against the low of day. It will need a close back … Continue reading
Daily Market Intelligence 10-31-18
Daily Market Intelligence 10-3-18
Russell and Midcap have continued last weeks theme with continued weakness against the Dow & Spu’s. Spu’s show a short-term double top on the 25X3 NVDA continues to soar fueled by weekly option buyers. I’d expect a try @ 75.50 … Continue reading
AMD & NVDA received upgrades. OI…Owens Illinois rallied 10% on Friday on takeover rumors. Worth keeping an eye on this A.M. Currency Futures expire @ 9:15. I’m not looking for much to happen until after the currencies expire today
Daily Market Intelligence 9-4-18
Forecast Our August view of the market condition was that the Indices would remain in a Bullish trend. We maintained a Risk On bias with a focus on large cap technology. Currently, we are of the opinion that Industrials … Continue reading
The names will be a better trade than the indices. Buy names like PYPL NVDA & AAPL on any weakness from Jackson Hole noise. NVDA..Weekly
Daily Market Intelligence 8-7-18