The Spu target was printed overnight. it will take a couple of closes over 2840 to go vertical again. The short end of the curve is having an oversold bounce. Look for a rally into the mid-week shuffle. Solar names … Continue reading
Daily Market Intelligence 12-29-17
SELL TAN @ The Market! This is a Closing trade.
Stocks… AAPL…Reports after the close today, this will be a key market driver. HSBC & Deutsche Bank will be moving this A.M. DB off better than expected earnings and HSBC possible restructuring to move headquarters out of the U.K. DAX…11,730 … Continue reading
AUD/NZD…looks to have bottomed and is putting in an ORH week. USD/JPY…is trading at the low end of the range for the past couple of months, right where it went out last week. This can take until after the Wed … Continue reading
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. ACT…is gaining upside momentum. Keep this teed up for an opening range trade today. You’re looking for an upside move. … Continue reading
Stocks… DAX…11,688 is mvg avg support and the must hold level on a closing basis to avoid a deeper correction. Bonds … Bunds…159.00 is the qtrly pivot. A close under the 50 DMA @ 158.84 is needed to confirm lower. … Continue reading
BUY QLD @ the Market! This is a double long Nasd 100 ETF. BUY TAN @ the Market. This ETF is the Solar names