Tag Archives: S&P 500 Futures
A.M. Look 5/24/19
Spoo…2839.50 will be pivotal for the next 5 weeks. Sustained price action above 2844.50 is needed for any rally to take hold. I will be out of office until 5/30/19 There will be no written research during this period. Judd’s … Continue reading
Daily Market Intelligence 5/24/19
Daily Market Intelligence 5-24-19
A.M. Look 5/23/19
Mr President AKA “Baby Huey” was at it again being a petulant infant. I don’t disagree with his general stance on China. I do not believe that emulating Krushchev will get you what you want with the Chinese. This is … Continue reading
Daily Market Intelligence 5/23/19
Daily Market Intelligence 5-23-19
A.M. Look 5/22/19
Mid-Week Shuffle. EIA this A.M. with FOMC minutes this afternoon. Oil should find initial support into the low 62’s The less you do the happier you’ll be. Hamsters…enjoy. I’ve already mentally checked out until month end. The real game is … Continue reading
A.M. Look 5/21/19
Chips are leading today’s rebound. Dollar is being bought against the majors with those dollars being placed in U.S. Equities. Spoos are unchanged on the week, the 50X3 will take a print into 2869-70 to turn up. This would be … Continue reading
Daily Market Intelligence 5/21/19
Daily Market Intelligence 5-21-19
A.M. Look 5/20/19
Spoo’s are into initial support @ 2843.. Looking at the risk spreads in the Spoo & Nasd, which are below their respective 200 DMA’s, I’ not picking a bottom. I’m interested to see if investors bottom fish the Semi’s. Oil … Continue reading
Daily Market Intelligence 5/20/19
Daily Market Intelligence 5-20-19
Midday Missive
Team Pax with Judd’s room bought the opening Long MSFT with a 128.62 stop. Room members got on the Indices and BA. The late game will be the weekly closes. Currently Nasd is higher on the week with the Spoo’s … Continue reading