Daily Market Intelligence 6-14-18
Daily Market Intelligence 6-12-18
China is buying Grains Mexico is retaliating against Trump. ECB confirms discussion of QE taper. European rates spike TWTR is offering a 1 Bil convertible. Watch for the gap fill. UNH…raises qtrly dividend 20%. Spu’s…weekly resistance levels are on the … Continue reading
Daily Market Intelligence 6-6-18
There is a long term trend line on the 25X3 point & Figure that comes in @ 2753 ish. Price action above that will see lemming effect buyers. Unfortunately the chart is too big for mailChimp. I’ll throw it in … Continue reading
Daily Market Intelligence 6-5-18
Spu’s are trading into its pit gap. These next 10 points will be tough. Short-term traders should be patient for small pullbacks. Nasdaq has been the feature. With the spread once again knocking on the 20 Yr. all time high … Continue reading
Looking to see if the Indices hold an initial break after payrolls. Since its the first of the month, will we see early Fund buyers? Index strength after the New York opening should not be faded. DAX is caught between … Continue reading
Banks will be on the menu this A.M. with the break in the Bonds. BAC after trading to its 200 DMA yesterday is a low risk candidate, using the 200 DMA @ 28.70 for risk management. Many energy names all … Continue reading
Daily Market Intelligence 5-30-18