Monthly Archives: September 2020
Daily Market Intelligence 10/1/20
Daily Market Intelligence 10-1-20
A.M. Look 9/30/20
Welcome world to the U.S. Presidential Debates Non substantive traveling circus. AKA “The Rants of Foghorn Leghorn” Bullwinkle J. Moose. The only thing that matters today are the closes. Likely, there will be two different capital flows again today with … Continue reading
Daily Market Intelligence 9/30/20
Daily Market Intelligence 9-30-20
A.M. Look 9/29/20
In the news; deflation talk out of Europe. Metals rallied on the deflation theme along with the potential of Congress acting on stimulus. The correlation continues with Currencies and Metals trading with U.S, Indices. CHF/JPY…bottomed @ its 200 DMA with … Continue reading
A.M. Look 9/25/20
Market sentiment faded all night as the world has come to the realization that the likelihood of further stimulus seems unrealistic. Spoo’s failed 3 times over the past 16 hours at key upside hurdles. The weekend news cycle will be … Continue reading
Daily Market Intelligence 9/25/20
Daily Market Intelligence 9-25-20
A.M. Look 9/24/20
Strong Greenback is correlating with sellers in the Commodity sector. Spoo’s have a potential double bottom and would need a 3243.75 print for any recovery. Russell is bouncing off its Matrix level. 1456.62 is today’s 200 DMA A close above … Continue reading
Daily Market Intelligence 9/24/20
Daily Market Intelligence 9-24-20
A.M. Look 9/23/20
Spoo…3320’s is near term resistance to work through. Daily Continuation shows the rollover gap @ 3326.25 – 3341.75. I’m looking for the Spoo’s to fill the gap and over run it to the upside by 10-15 points. Spoo denominated in … Continue reading
Daily Market Intelligence 9/23/20
Daily Market Intelligence 9-23-20