Monthly Archives: November 2020
Daily Market Intelligence 11/19/20
Daily Market Intelligence 11-19-20
A.M. Look 11/18/20
It’s Wednesday and it’s a Risk on world. BA & Target are leading. Riot, the dog of blockchain, is up another 10+% as traders look for lottos in the crypto world. Spoo’s…big hold last night just above unchanged on the … Continue reading
Daily Market Intelligence 11/18/20
Daily Market Intelligence 11-18-20
A.M. Look 11/17/20
Spoo’s are range bound. I still expect to see a 3587.50-90 print this week. 30 Yr. Bond will take sustained price action over 173.00 to screw the shorts and see the bank stocks get hit. Risk spreads are key indicators. … Continue reading
Daily Market Intelligence 11/17/20
Daily Market Intelligence 11-17-20
A.M. Look 11/16/20
Spoo/Bonds are knocking on the all time high. Currencies are trading Risk on with strength in the Peso & Aussie. Markets have been active reacting to Moderna tests. Spoo….3590 is the hold retest level. Yra recaps everything we’ve been covering … Continue reading
Daily Market Intelligence 11/16/20
Daily Market Intelligence 11-16-20
A.M. Look 11/13/20
U.S. Indices are currently range bound. I remain in buy the hard break mode with an over the weekend upside bias. AUD/CAD…is getting love. Whether you believe its a China proxy or a Commodity vs. Oil trade, the chart is … Continue reading
Daily Market Intelligence 11/13/20
Daily Market Intelligence 11-13-20
A.M. Look 11/12/20
Russian grain export data is hitting the Grains. Gold…1873.30 is the point of control. It’s the weekly ORL# Spoo…3537.50 is the reversal # on the 50X3. Close but no cigar. There is enough on the news front for the algos … Continue reading