Daily Market Intelligence 9-28-16
Old economy vs new economy names MSFT…puts in an ORH day with a close over 57.14. Sustained price action over 57.43 resistance will lead to more gains. SMH…have filled their gap @ 66.93. Sustained and closing price action above 67 … Continue reading
Daily Market Intelligence 7-26-16
Daily Market Intelligence 7-15-16
Daily Market Intelligence 7-13-16
Oil…44.00 +- a few ticks is the next matrix level. CVX…102.46 is today’s ORL#. Today’s high @ 105 represents a weekly double top. The profit taking in the energy complex has not run it’s course. Oil is completing the ORL … Continue reading
U.S. Indices are stronger than i thought. Some sectors and names are lagging so here is a look at some ideas. Spu’s…I’ve no interest in picking a high. FDX…is lagging IBB…is gaining upside momentum over 251.60. Nasd has to have … Continue reading
Daily Market Intelligence 6-29-16
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