Semi’s are leading along with the Oil refiners. I bought and Sold NXPI in the room. Long PBR…I added to this position on the opening. Long AMAT March 22 Calls @ .98 cents with a breakeven stop. Spu/Bond is below … Continue reading
Daily Market Intelligence 3-14-19
Daily Market Intelligence 3-4-19
The Indices took an extra big time frame to get to the level I was expecting to see yesterday. China PMI + their increased weighting in the MSCI shares provided the overnight catalyst. Now to first of month buying in … Continue reading
Daily Market Intelligence 3-1-19
Amazon led the initial rally. Once it hit fib resistance everything stalled. Spu/Bond has been bid just like yesterday Morning. This simply tells you not to sell weakness in the Indices. I bought CRON just after the opening @21.61. Midcap … Continue reading
The 200 DMA in Spu/Bond and Copper/Gold rejected. Gold itself is a mixed bag depending upon which currency its denominated in. Strong against the Yuan and Aussie Platinum is the metal that has gone up in a straight line. The … Continue reading
Daily Market Intelligence 2-28-19
Daily Market Intelligence 2-26-19
News that Trump & Xi can work it out buoyed the overnight session. Spu’s…2812 was an old target coming into the 4th qtr of last year. Expect price rejection into the level. The shorts will be forced to cover above … Continue reading