Daily Market Intelligence 7-9-18
Tech…FB,NFLX,NTES are leading. Healthcare is good, look for higher. SX..Nov Beans has a bottoming pattern. Buy a retest into 8.67 with a tight stop to see if the pattern is real. I’ve no interest in the short side of the … Continue reading
Spu’s will take under 2747 to see more weakness today. Soybeans…big puke into monthly support Biotech has been the lone bright spot. Time frame trading the rest of the day Soybeans
Daily Market Intelligence 6-13-18
Daily Market Intelligence 5-30-18
The Dollar is going to be King for a while responding to interest rate differentials. Euro failed. Grains: Everyone keeps asking me about the Grains. Wheat is a low Risk buy closer to $4.80 Soybeans and Corn need sustained and … Continue reading
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
Sell the news with a back and fill. China names led the profit taking. Energy sector acts best. Soybeans..raise your trailing stop to 10.50 close. Not sure how the afternoon set up. Currently Spu’s would need a 2658 print to … Continue reading
Daily Market Intelligence 4-13-18
Energy has been ripping all A.M. APC…Anadarko is breaking out above its oscillator. 61 is the risk to own. VLO acts well. The weekly chart which looks better than the daily, shows room to 105.80. Facebook had an daily oscillator … Continue reading