Daily Market Intelligence 7-3-18
WFC..Wells is getting off the mat. EOD & PXD are in play. WYNN was a moonshot from the opening. Will stay strong into the close. Chips…MU,INTC,NVDA will be bid into the close. WDAY & PANW are gaining momentum over their … Continue reading
Spu’s keep holding the 200 DMA on these mid day breaks. Stocks trying to bottom out today. These will take into the close for upside momentum verification. HZNP, CELG,BMY & IBB are all attempting bottoming patterns. NFLX AMZN FB PCLN … Continue reading
Buy the breakouts!! IWM…above 118 I bought the 118 Nov 6 calls. The daily is up and going, the weekly still needs a close over 118.60 NFLX…is not backing off nor is AAPL over it’s 200 DMA. FLR…weekly resistance and … Continue reading
https://www.youtube.com/watch?v=1gCre3x3wU0
Stocks… Spu’s…2080 will act as support and the downside pivot. Nasd 100…4540 is support. below look for a retest of 4508. PANW…184 is weekly momentum and the closing downside pivot. GOOGL…620 is support and the closing downside pivot. Bonds … … Continue reading
I bought YELP on a pattern break out. I’ll be using a 46 Stop On Close. Reasoning: I was looking at names that were not interest rate or Dollar sensitive. Social media is in it’s own world. On that theme, … Continue reading
Stocks… ZIOP…By holding above 13 I’m looking for this to go to 15.60 and then 18. MSFT…put in an ORH day. Sustained price action and a close over 42 should see MSFT move in 50 cent increments to the upside … Continue reading
DIS…is one of the best names to hold. it’s barely budged with today’s early sell off. Still looking for 112 as long as there is no close below 104.40. PANW…held an early sell off as did CYBR & FEYE. Hack … Continue reading
These are opening positions with a 10% portfolio weighting. MMM… It’s low volatility, Dollar sensitive, and is putting in an ORH day with a close over 169.75. The risk to own this name is a close under 167.00 BUY MMM … Continue reading