Daily Market Intelligence 8-22-17
Daily Market Intelligence 6-28-17
Stocks… DAX…10,770 is support. Sustaining and Closing below this level will lead to a sell off of a couple of hundred points. 11,000 was the tgt for this swing and is now resistance and the closing upside pivot. Closes over … Continue reading
SELL 50% ORCL @ the Market!
Stocks… IAT…regional banks need to hold 33.65 for higher. Spu…2022-24 is the level that needs to hold on a break. TWX,V,BLK,EXAS,BRKA have good technical formations. If the Indices hold an early break and start to recover these names have room … Continue reading
Stocks… IBB & XLV…both have positive patterns. Regardless of world events, this sector will be relatively insulated. BIIB,CELG,ILMN & AGN all should be bought on any good retracement against this weeks low. Nasd 100…4200 is Fib resistance for this swing. … Continue reading
BUY ORCL @ the Market! Use a 42.98 Stop Close. A close above 43.59 confirms the low.
Stocks… ORCL…put in an ORH day. Buy early weakness against 40.45 with a stop below 39.95 close. This is a good candidate for an opening range trade today. If this holds and starts up after the opening you can buy … Continue reading
GOOGL…gains upside momentum over 590. EXPE…has room for another couple of dollars to the upside. ORCL…I like Oracle as a low volatility long. As long as there is no close below 40 the pattern remains constructive. XLK…above 39.54 expect a … Continue reading