Daily Market Intelligence 3-17-17
AIRG…there is always some instrument that appears to be in its own world. While there is no way I’m buying the indices up here until they have a point & figure breakout, individual names can present opportunity.
Daily Market Intelligence 3-16-17
Daily Market Intelligence 3-15-17
There is absolutely nothing to do. Oil…is trading oversold. 48.64 is the 200 DMA, the early high, which will be quite pivotal going forward. Sustaining above could elect a short covering squeeze. If that were to materialize I’d look for … Continue reading
Daily Market Intelligence 3-13-17
Full MOON Sunday Night. Daylight Savings in the U.S. this weekend. London does not change their clocks until later in the month. A hot payrolls # is expected. Spu’s..cloud momentum comes in @ 2377.50 (H) It would take sustained price … Continue reading
Daily Market Intelligence 3-10-17
Daily Market Intelligence 3-9-17
30 Yr. Bonds….147.31 was last qtr’s downside target in the “Z” December 16 contract. The March 17 contract came within a couple of ticks of the level late December. Last night the “M” June 2017 contract, which is now lead … Continue reading