Tag Archives: Russell
Daily Market Intelligence 11/16/18
Daily Market Intelligence 11-16-18
A.M. Look 10/16/18
Indices are range bound. Pot stocks..Oops..exited a little early. Russell & Midcap are trying to find a bottom. Nasd 100 low was its 200 DMA again last night. Patiently watching the show for opportunity
Midday Missive
Russell and Midcap have continued last weeks theme with continued weakness against the Dow & Spu’s. Spu’s show a short-term double top on the 25X3 NVDA continues to soar fueled by weekly option buyers. I’d expect a try @ 75.50 … Continue reading
A.M. Look 9/27/18
Risk spreads are holding their respective short term moving averages. Spu… 2907 is unchanged on the month. 50X3 Point & Figure would need a print just below 2900 for a downside reversal DJI…25,964.8 is unchanged on the month. Nasd 100…7674 … Continue reading
Midday Missive
Indices have rejected the upper end of the current trading range. The Russell is particularly vulnerable as all the Long Russell/Short Spu trades from Tuesday are unwound. Bears will treat today’s early highs as their Risk levels to be short. … Continue reading
The Late Show
Heads up!!! Energy names are seeing profit taking. PSX, FANG, COG have ORL patterns working. OIH names are rolling. Long-term Investors should review their holdings. Russell is leading the Pullback
WhiteWave April 2018 Update
What’s Next? Our current view of the market condition is that it remains a tactical, short-term event driven market. Our long-term risk models indicate that after three months of sideways action, it continues to be a corrective move vs. … Continue reading
Daily Market Intelligence 10/31/17
Daily Market Intelligence 10-30-17
The Late Show
The shorts are going to take a run at the market. I’m focused on the Russell for confirmation of lower into mid-week. Long Gold/Short Euro..Suisse and Yen are all putting in ORH patterns. These patterns would match up with Risk … Continue reading
A.M. Look 2/18/16
Stocks… Spu’s….the pain trade for the shorts is on. I’m not picking a high. We’d need back under 1912 to weaken. This has been one of the biggest uninterrupted moves in a couple of years with no reversals for the … Continue reading