Daily Market Intelligence 10-12-18
Square CFO announces departure to take a new gig at Nextdoor. The monthly ORL currently in play would need a close over 81.53 to negate the pattern. Looking for a bounce from the low 60’s Looking at the qtrly charts … Continue reading
Daily Market Intelligence 10-11-18
Daily Market Intelligence 10-10-18
Tilray & CGC both received upgrade today. PZZA…Trian Fund elevates takeover bid Spu’s now need to get up to 2900 to shake out shorts. Oil..$75 is near Point & Figure resistance
Daily Market Intelligence 10-9-18
Risk spreads have been doing a small correction. With the Long end of the curve (30 Yr. Bonds) short-term extremely oversold as it approaches its 50 Qtr MA I’M defensive Equity Indices I have Bull VXX spreads out into the … Continue reading
Daily Market Intelligence 10-8-18
It’s payrolls Friday with the Spu’s & Nasd 100 in decision mode. A mid-week shuffle high and the Indices are flirting with monthly reversal lower closes. This portends possible trend change. Spu’s would need to sustain higher on the month … Continue reading
Daily Market Intelligence 10-5-18