The two volatility events today are EIA Petroleum report and Powell’s speech. I’m expecting one back and fill in the Indices to yesterday’s highs. Nasd 100 is leading with the spread breaking out above its short term oscillators. Spu/Bonds..have the … Continue reading
Lots of politics on our plate for the week leading into hopeful outcomes from world leaders at G20 Friday. Spanish and Italian debt futures are in rally mode. (Risk On) Oil put in a lower low by a few ticks … Continue reading
Daily Market Intelligence 11-23-18
Daily Market Intelligence 11-21-18
Indices and major retail are getting hit. Spu/Bonds are trading @ it’s 200 DMA again. Looking for lower Amazon is dancing between its daily gaps. Looking for lower. Pot stocks are being bought. Cron is at resistance. A close over … Continue reading
Daily Market Intelligence 11-15-18
Spu’s …Point & Figure is stuck between 2772- 2804. Risk spreads are trading heavy. Brexit news keeps the Dollar bid with Euro running its macro sell stops. Natgas is up again after breaking out of a 3 year consolidation the … Continue reading
The markets have spoken. If you look at a chart of Clinton & Obama years you know the Equity markets flourished under the Dems. I remain committed to the Pot stocks. More states will be legalizing. Nasd 100…7154 is weekly … Continue reading
Daily Market Intelligence 11-7-18