Daily Market Intelligence 7-15-19
Positions; Long INTC 20% position with calls Long LVS shares and March 14 62 Calls @.61Long CRON Long GLD March 125 Call @ .83 The Copper Miners COPX or Gold Miners GDX is a way to participate. I bought the … Continue reading
Daily Market Intelligence 8-29-18
AEM…Agnico-Eagle Mines AUY…Yumana GLD….Gold ETF FYI…(Z) December Gold is Front month. It currently trades app 6+ dollars over (Q) August or cash. are all attempting ORH days. HL,NGD,PAAS & GDXJ are showing Bullish patterns. Unchanged rates is … Continue reading
Daily Market Intelligence 6-15-16
Daily Market Intelligence 5-11-16
Dollar is bid against the Commodity Currencies and the Suisse. Of course I sold the Euro which is the wrong one to be short on all the crosses today. This should continue right into London’s close. Gold…rallies keep failing for … Continue reading
Stocks… Spu’s…could go as low as 2046 and hold up. Midcap…14,300-14,320 is support and the closing downside pivot. DAX…10,000-10,050 is the resistance zone and the closing upside pivot. Airlines…Follow the oil. The Airline stocks have come a long way and … Continue reading
The Italian 10 yr. Bond…. FBTPU4, which signaled the low in rates yesterday for all the major Bond markets, put in an ORL day and looks vulnerable to another 100 point drop with sustained price action below 127.45. Spu’s…put in … Continue reading
Stocks… GPRO,TSLA,EXPELNKD,TMC,XOM & COP will report earnings today. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for confirmation of a high. Bonds have to keep rejecting this level on rallies which is the weekly ORL #. … Continue reading