Daily Market Intelligence 11-16-16
Daily Market Intelligence 7-25-16
Top of the world. XLF & IYT are trading into their 200DMA’s IYM @ 76.59 is into mvg avg. closing resistance. XLB @ 46.75..same story Biotech, XLK,XHB have room to the upside. ILMN is attempting an ORH week with a … Continue reading
Daily Market Intelligence 6-15-16
Daily Market Intelligence 6-8-16
All my longer term indicators are neutral in pretty much everything, however the long term Point & Figure in the Spu’s have turned up. This will need a close below 2060 to turn down. OIL Patch… COP looks to have … Continue reading
XLE…is attempting an ORH day closing over 93.86 KBE, JPM, BAC, XLB, BBY,NKE..are all low risk longs with a stop against today’s low.
Euro…the resting buy stops are over 138.80, today’s ORH# Gilts…a close today over 110.30 puts in an ORH day. Today’s low is it’s 200 DMA. KBE…a close over 32 will provide short term bottom to trade against. IBB…has held for … Continue reading
Stocks.. VNM…needs to maintain above 18.90 and close over 19.15 for higher. FXI…needs a close over 32.90 for bottoming action. EWZ…needs a close over 44.50 for bottoming action. EPI…could get as high as 16.95 Nikkei..14,150 is weekly resistance. 13,900 is … Continue reading
The Oil is up…so ask yourself what’s up with OXY,DIG,XLE,OIH et al? Presently, they are all lagging! Watch for some leadership for the next intra-day swing. They’ve already tried the Equity Indices both ways early. We are not going to … Continue reading