Spoo’s want to print just shy of 4400. Platinum rallied with Risk assets. Disney is putting in an ORH month. I featured it early in the room. CLF,TM & Cat were highlighted coming in. They all preformed well. Nvidia, NXPI … Continue reading
Daily Market Intelligence 2:9:21
Daily Market Intelligence 6-28-19
Energy has been ripping all A.M. APC…Anadarko is breaking out above its oscillator. 61 is the risk to own. VLO acts well. The weekly chart which looks better than the daily, shows room to 105.80. Facebook had an daily oscillator … Continue reading
11:00 A.M. CDT USDA Crop report. BEEKS will be snowbound on a train in the N.E. corridor. TWTR…17 was the previous breakout level for Twitter. Twitter needs to hold this level after New York comes in to avoid a … Continue reading
Agri names have caught a bid this A.M. with POT,MON,BG, & AGU at or showing Outside reversal Higher days. In my opinion none of these names are worth the chase without another day or two of price action. There is … Continue reading
Matrix levels for the Euro Stoxx 50 (DSX) have been added. All in all it was a quiet night other than the rally in SHCOMP Soybeans need to sustain over $9.90 for a rally. It’s Friday in the heat of … Continue reading
Nikkei & Dax have led the Indices lower. DAX…9840 is first cloud support. I will be still be quoting June prices in the Indices until next Tuesday. AAPL is trading lower and price action and a close below 98.50 will … Continue reading
VIX… is trading above the mvg 200 DMA as all the long commodity trades are being unwound. Gold….has to hold the 1245 level to remain viable. OIL..inventory #’s in 30 minutes will be telling. Failure to hold a break into … Continue reading
We’ve seen the initial short covering and new buying in many of the names and indices. DAX..is the one that just missed it’s definable resistance zone near 9760, the level I need to see closes over for a bottom in … Continue reading