Daily Market Intelligence 5-10-18
Daily Market Intelligence 5-9-18
Transports and Financials have led early The railroads have led the Transports. Oil has not put a reversal in, possibly telegraphing topping potential. PSX..longs should use today’s low for risk management. Spu’s…I need a close over 2682 for an upside … Continue reading
Spu’s…2639 print put is needed for a reversal on the Long-term P&F. Expect a couple of different flows today as the world awaits the IRAN press conference. D.C. being D.C. expect something to be leaked later in the A.M. before … Continue reading
Daily Market Intelligence 5-8-18
Daily Market Intelligence 5-7-18
Daily Market Intelligence 5-7-18
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
Spu’s Bulls…trade against the low of day for Risk management. Looking for a 2639 print to confirm the low. The initial Dollar strength hit the Spu’s & DJI. Buffett has everyone frothing over AAPLE Spu…25X3
Spu’s…Today’s 200 DMA is 2615.46 DAX is trading above its 200 DMA with the Euro Stoxx 50 butting up against it. GBP/USD is hanging right on its 200 DMA @ 135.40 with a very oversold condition. Here you have some … Continue reading