Daily Market Intelligence 8-24-17
BOE has left rates unchanged. Carney speaks at the bottom of the hour. TSLA…347.49-351.65 is the overhead gap that needs to be closed above to continue higher. Let the U.S. session set up
30 Yr. Bonds…153.16 is the pattern retest level. Bonds either hold here or break another half point back into 153.00 its 200 DMA. United Health Group and the banks show early strength. It will take through the NYSE opening … Continue reading
Daily Market Intelligence 8-1-17
The heavily shorted names like TSLA & NVDA are up the most this A.M. Both are negating their negative patterns. AMD negates its negative pattern with sustained and closing price action over 12.40
Gold and Silver are oversold. So is GOLD/EURO. The above have been breaking with a risk off board today. Keep it tight if you’re trading the metals. EUR/AUD…147.17 is cloud and 200WMA resistance. TSLA… look for a bounce … Continue reading
Daily Market Intelligence 5-3-17
Daily Market Intelligence 4-6-17
Daily Market Intelligence 4-4-17 Daily Market Intelligence 4-4-17
Mutual Fund Monday. The markets are in park with the exception of a few names like TSLA which is up 8 dollars in per-market. Seemingly the world is waiting for the NYSE to open to see the extent of first … Continue reading