Daily Market Intelligence 9-19-17
OIL…49.60 is today’s 200 DMA in (V) October. Resting sell stops and today’s ORL # is 49.41 November (X) trades @ a 50 cent premium. NVDA continues to lead the Semi’s
Daily Market Intelligence 9-14-17
WMT…is attempting an ORH day UNH…195.81 is the ORH NVDA…165.10 AMAT…43.72 GOOGL …needs a close over 935 AMZN…needs a close over 953 CAT…116.06 Focus on Big cap tech and the Chips late day.
DJI/Bonds…time will tell if this is just a gap fill and we hold and reverse back higher or see pattern follow through. The Chips…NVDA & AMD have so far held a lower retest. Trade the names off their own technical … Continue reading
Daily Market Intelligence 8-24-17
Daily Market Intelligence 8-14-17
Equity /Bond spreads are not acting well. The downside pattern follow through is continuing despite AAPL Two observations about the Treasuries. First its the beginning of a new Month and the mindless think they can fade ECB bond … Continue reading
Daily Market Intelligence 7-28-17
LRCX,AMD,NVDA,SMH I’ve been reticent to take profits in these names as I felt it would be difficult to reload. I’m not happy about it now. If you bought weekly puts against the names You’re good. If not, … Continue reading