Daily Market Intelligence 4-17-20
Daily Market Intelligence 4-15-20
Stocks… Spu’s…only come under pressure with price action below 2112, Monday’s London Low. DAX…11,852 is mvg avg resistance. Closes over 12,000 starts a new leg up. HEDJ…66.20 is the matching #. Spu’s,Nasd 100 & QLD put in ORH days. … Continue reading
Sell QLD @ the Market! This is a closing trade!
Stocks… AAPL…Reports after the close today, this will be a key market driver. HSBC & Deutsche Bank will be moving this A.M. DB off better than expected earnings and HSBC possible restructuring to move headquarters out of the U.K. DAX…11,730 … Continue reading
Sell 1/2 QLD on the opening The market is not an S&P trade it’s a Nasd 100 trade. I just want to be cautious. Every time we get low VIX readings something happens to temporarily roil the markets. Having said … Continue reading
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. ACT…is gaining upside momentum. Keep this teed up for an opening range trade today. You’re looking for an upside move. … Continue reading
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is needed to confirm lower. … Continue reading
BUY QLD @ the Market! This is a double long Nasd 100 ETF. BUY TAN @ the Market. This ETF is the Solar names
Are you light in the shorts? Need to have more upside exposure? Here is a partial list of where to start looking. SSO…Sept 14 120 or 120.50 calls QLD…Sept 14 127 calls LNG…Sept.14 85 calls TSLA…Sept.14 270 calls GILD…Sept.14 105 … Continue reading