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Daily Market Intelligence 7-25-16
Spu’s…2150.50 will be today’s focal point on breaks. Nasd 100..4583.50 is the same level. Above these #’s the Indices remain bid. U.S. Banking names are all up with JPM earnings leading the rally. Gold…1328.10 is today’s ORL # BOE left … Continue reading
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
Oil Patch…names with definable risk PXD APC… CSX…holding support. This is good as long as there is no close below 26.50 XLF…while i don’t think this ETF is worth the margin money to own, it is holding.
Daily Market Intelligence 4:20:16