What’s working is the Chip names AMD,LCRX,NVDA STX…40.10 is closing FIb resistance. The board is very name specific today. The Indices will remain a tough trade into Mid-Week LNG…held its 200 DMA on today’s low for the second … Continue reading
Daily Market Intelligence 7-20-17
Daily Market Intelligence 7-14-17
Daily Market Intelligence 7:12:17
Daily Market Intelligence 7:12:17
This is a big breakout in SMH ETF. I’ve been pushing NVDA,LRCX & AMD. You can add MU Micron..CTXS Citrix System to the list
BUD…those that bought should use a break-even stop or 110 Stop On Close. AMD,NVDA & LRCX continue to do well. NVDA should run into initial near term resistance @ 149.50. Those involved with a specific name should give me a … Continue reading
Both the Bunds and the Italian Bonds have hit downside targets. I don’t think there is a point left in the U.S. 30 without a descent bounce. Obviously this could take into next week to materialize. Just don’t lean on … Continue reading
Bud is attempting an ORH day off a very oversold condition. Initial resistance is the 200 DMA @ 112 DB…Deutsche Bank has been leading the world Financials. The longer-term charts will be sent tonight shows room to 23. Euro has … Continue reading
Daily Market Intelligence 6-30-17