Daily Market Intelligence 2-8-19
Bombs away! DJI…anything into 25,000 is a cover for shorts. Expect a bounce out off that level Spu’s finally gave us a 50 Point reversal. The lower chart is a 100X3..that needs 95 points off the high to reverse. We … Continue reading
I covered my short Spu, which I sold just after the Globex opening, @ 2710.75 As of now 2714 seems to be capping the Index. I still have Puts bought late yesterday on the table. I got the reversals in … Continue reading
Daily Market Intelligence 2-7-19
I pitched Disney just after the open and ran my hedges into 112.69. Sold SLB on the opening. LONG VXXB @ 33.46 I’m looking for at least a 100 Points lower off today’s high in the Nasd 100 Spu’s would … Continue reading
Daily Market Intelligence 2-6-19
AAPL..174.78 is the bottom of the gap Closing over 176.20 would lead to another $10 dollars MYL..I bought Mylan in the room @ 31.05 2732 is the 50 WMA in the Spu’s which is capping the Index for now. It’s … Continue reading
Daily Market Intelligence 2-5-19
The early trade has been Long FANG, Service Names, Pot Stocks & Finntech Roku broke out above its 200 DMA, would not chase. Nvidia is trad able against today’s low. 151.30 print fills its earnings gap. AAPL want s to … Continue reading
Very little movement last night. The only area of interest is the precious metals which sold off. GOOGLE, Gilead and Seagate report after the close. GOOGL…1127.35 is today’s 200 DMA Take it slow and wait for New York to come … Continue reading