Daily Market Intelligence 1-2-19
Daily Market Intelligence 1-2-19
Daily Market Intelligence 6-13-18
Micron put in a new all time high by 1 tick. NFLX traded to the old high @ 354.36. I would need to see a 248.83 print to think it was significant. Spu’s…2714 confirms the overnight low. For three weeks … Continue reading
Barring something out of the FOMC minutes I remain in buy the break mode. So far the Spu’s just don’t want to give us a shot at the 2700 level. If you don’t see a break after 1 P.M. CDT … Continue reading
OIH….PSX SLB VLO HAL RIG ESV CENX…17.75 is the Golden Cross, above there is a lot more. Spu’s…25X3 is range bound. Focus on what’s in play OIH..should test 31.00 CENX…
What’s Next? Our current view of the market condition is that it remains a tactical, short-term event driven market. Our long-term risk models indicate that after three months of sideways action, it continues to be a corrective move vs. … Continue reading
What’s Next? As is typical with market corrections, they seemingly come out of nowhere catching most investors off-guard. This most recent correction which began late January was no exception. However, clients of WhiteWave were forewarned with enough time to … Continue reading
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
Steel names are up and look to go higher. MU,WDC,STX and the rest of tech were opening range trades. PSX,HFC & VLO are bucking the Oil tape. EXEL had a good hold this A.M. in Biotech. This is a long … Continue reading