Daily Market Intelligence 4-4-19
Shanghai Comp chart says it all. Asian Bourses are up. MSFT is trading at 110 INTC received an upgrade trading 52.90 The names trade better than the Indices. Spu’s are @ a level on the P&F that needs to digest. … Continue reading
China took the lead last night with South Korea, Taiwan, SHCOMP & Hong Kong higher. A Davos Bloomberg interview with the man tasked to reform Brazil was very upbeat. saying he would close the budget deficit by year end. Nasd … Continue reading
Daily Market Intelligence 1-25-19
The overnight story is the weakening Dollar. Shcomp was up with the Yuan and the Aussie. Even the Pound caught a bid. TLRY is up big after announcing the investment firm would not dump their stock when the shares float. … Continue reading
Daily Market Intelligence 1-7-19
China led rally. SHCOMP showed pattern follow through into resistance That was not before the Spu’s looked to have bottomed early and put in a lower low before the rebound. 2791 is P&F resistance. Nasd 100 bottomed just below its … Continue reading
The general game plan is to buy before you sell against SPU 200 DMA into 2769-72 Spu’s will need a print into 2804 to turn up on the long-term Point & Figure Nasd 100..use last night’s low @ 7135. SHCOMP … Continue reading
Mid-Week Shuffle.. The early show has EAI @ 9:30 CDT. Typically today is an extreme day for the Oil. 70.48 is the lowest risk buy level. Natgas Futures expire today. SHCOMP has been in rally mode since the 18th. Not … Continue reading
Daily Market Intelligence 9-4-18