Since late Thursday the Spoo rally has extended 160 points with out pressure relief. Matrix to Matrix. Spoo/Bond is close to its 200 DMA, which is no small thing. Spoo could reject right here or rip to either side of … Continue reading →

FELIX ZALAUF; translated article by Felix Zulauf in publicly available The Market Internet online publication OPINION A self-inflicted mess Western policy has failed on security issues. At the same time, fiscal and monetary policies have long deviated from the responsible … Continue reading →

Yesterday Andrew posited the a lot of the selling we’ve seen has been for hedge Fund redemptions coming into qtr end. “Selling the winners to pay for the losers” When I wrote Tuesday I thought the Indices would trade similar … Continue reading →

Daily Market Intelligence 6/24/22

3-Month Bill Settlement 6-Month Bill Settlement Jobless Claims 8:30 AM ET Current Account 8:30 AM ET PMI Composite Flash 9:45 AM ET Jerome Powell Speaks 10:00 AM ET EIA Natural Gas Report 10:30 AM ET EIA Petroleum Status Report 11:00 … Continue reading →

Daily Market Intelligence 6/24/22

Spoo…hourly cloud resistance is @ 3723.50 Spoo could still probe slightly lower than last night’s low. Clearly the index is not holding it’s upside point of control for the Bulls. Crude needs to hold the overnight low to stabilize. Gold … Continue reading →

Ok, we’re going to be range trading. The best looks have been early or very late. Tomorrow the room will be closing early just prior to 2 P.M. CDT for the qtly Matrix class. These classes are recorded and placed … Continue reading →

Indices have reached their first upside extreme. As long as the Spoo stays above the weekend Globex low @ 3661 it can stabilize. FX..all about the Yen. Yen/Yuan just took out the 2015 low.

Barking dogs! MBA Mortgage Applications 7:00 AM ET Thomas Barkin Speaks 9:00 AM ET Jerome Powell Speaks 9:30 AM ET 2-Yr FRN Note Auction 11:30 AM ET Thomas Barkin Speaks 12:00 PM ET Charles Evans Speaks 12:55 PM ET 20-Yr … Continue reading →