It’s an Amazon show. Semi’s are soft with aluminum producer Alcoa up leading BHP, VALE & FCX firm. Spu’s would require a 2696.50 print for a pressure relief reversal. I have no interest in being short. 30 Yr. Bonds are … Continue reading
Daily Market Intelligence 4-5-18
Semiconductors are the names moving this A.M. If i have something constructive to say I’ll put it out.
Chips are holding up the market. The Micron upgrade lifted all boats early. Industrial s & Transports trade heavy VXX…40.49 is the 200 DMA. Look to match up a short-term low in the Indices with this VXX level the first … Continue reading
Daily Market Intelligence 3-12-18
Daily Market Intelligence 3-7-18
Daily Market Intelligence 3-5-18
Spu had the after London squeeze higher filling out the medium -term Point & Figure. Semi’s have been leading all A.M. Spu/bonds are trying to regain its 50 DMA That last high needs to taken out late or this is … Continue reading
Daily Market Intelligence 2-26-18